secwatch.observer — SEC 8-K summary
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Issuer:     PENSKE AUTOMOTIVE GROUP, INC. (PAG)
CIK:        0001019849
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0001019849-24-000112
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penske Automotive increases quarterly dividend 11% to $1.19 per share
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- Quarterly dividend raised to $1.19 per share, up $0.12 (11%) from prior $1.07.
- 16th consecutive quarterly increase; fourth dividend increase in 2024.
- Company returned over $350M to shareholders in 2024 via dividends and buybacks.
- Acquisitions totaling $2B in estimated annualized revenues closed year-to-date.
- Dividend payable Dec 3, 2024 to holders of record Nov 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019849/000101984924000112/0001019849-24-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019849/000101984924000112/pag-20241016.htm
  HTML page:      https://secwatch.observer/filing/0001019849-24-000112

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer