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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 -0.34% 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 -0.46% has gained 13%.

/zigman2/quotes/209561848/composite
US : U.S.: NYSE
$ 108.42
-0.37 -0.34%
Volume: 60,418
May 19, 2022 11:10a
P/E Ratio
6.17
Dividend Yield
1.75%
Market Cap
$8.26 billion
Rev. per Employee
$1.07M
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/zigman2/quotes/210599714/realtime
US : S&P US
3,905.71
-17.97 -0.46%
Volume: 841.31M
May 19, 2022 11:11a
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