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Jan. 26, 2022, 8:10 a.m. EST

Penske Automotive raises quarterly dividend to 47 cents a share versus 46 cents

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By Ciara Linnane

Penske Automotive Group Inc. /zigman2/quotes/209561848/composite PAG -7.78% said Wednesday it's raising its quarterly dividend to 47 cents a share from 46 cents. The new dividend will be payable March 1 to shareholders of record as of Feb. 10. Shares were not yet active premarket but have gained 56% in the last 12 months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -4.04% has gained 13%.

/zigman2/quotes/209561848/composite
US : U.S.: NYSE
$ 108.79
-9.18 -7.78%
Volume: 396,343
May 18, 2022 4:00p
P/E Ratio
6.25
Dividend Yield
1.73%
Market Cap
$8.95 billion
Rev. per Employee
$1.07M
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/zigman2/quotes/210599714/realtime
US : S&P US
3,923.68
-165.17 -4.04%
Volume: 2.71B
May 18, 2022 4:56p
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