Penske Automotive Group (PAG) Raises Quarterly Dividend 3.2% to $0.32; 2.9% Yield
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Penske Automotive Increases Dividend
July 26, 2017 7:52 AM EDTBLOOMFIELD HILLS, Mich., July 26, 2017 /PRNewswire/ --Â Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.32 per share for the second quarter of 2017.Â
Commenting on the dividend, Penske Automotive Group President Robert H. Kurnick, Jr., said, "For the 25th consecutive quarter, the Board of Directors is pleased to offer an increase in the quarterly dividend for PAG's shareholders. This increase continues to demonstrate the confidence we have in our diversified business... More
