dividend
confidence high
sentiment positive
materiality 0.55
Penske Automotive raises quarterly dividend to $1.44, 23rd consecutive increase
PENSKE AUTOMOTIVE GROUP, INC.
- Quarterly dividend increased to $1.44 per share, up $0.02 (+1.4%) from prior quarter.
- Annualized dividend now $5.76 per share; marks 23rd consecutive quarterly increase.
- Dividend payable September 1, 2026 to shareholders of record as of August 14, 2026.
- President Robert H. Kurnick, Jr. cites strong business and disciplined capital allocation.