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Penske Automotive Group raises quarterly dividend to $1.44, 23rd straight increase

Penske Automotive Group declared a $1.44 quarterly dividend, a $0.02 (1.4%) boost and the 23rd consecutive increase.Key Highlights:Original SEC Filing: PENSKE AUTOMOTIVE GROUP, INC. [ PAG ] - 8-K - Jul. 23, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important…

Penske Automotive Group declared a $1.44 quarterly dividend, a $0.02 (1.4%) boost and the 23rd consecutive increase.

Key Highlights:

Board approved quarterly dividend of $1.44 per share, payable Sept 1, 2026.
Dividend represents a $0.02 per share increase, up 1.4% versus prior quarter.
Annualized dividend now $5.76 per share, reflecting continued dividend growth.
Record date set for Aug 14, 2026; company cites disciplined capital allocation.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.