dividend
confidence high
sentiment positive
materiality 0.40
Penske Automotive raises quarterly dividend 1.4% to $1.46/share, annualized $5.84
PENSKE AUTOMOTIVE GROUP, INC.
- Board declared a quarterly cash dividend of $1.46 per share, an increase of $0.02 per share (+1.4%) over the prior rate.
- The new payout annualizes to $5.84 per share.
- Dividend is payable December 1, 2026 to shareholders of record as of November 13, 2026, per the October 15, 2026 announcement.
- Penske Automotive Group is described as a diversified international transportation services company and automotive and commercial truck retailer.