Penske Automotive Hikes Dividend By 2.2%

by Shivani Kumaresan, Benzinga Staff Writer

October 21, 2021 5:45 AM | 1 min read | Make a Comment

Penske Automotive Group Inc PAG Board of Directors has increased the company's dividend by 2.2% to $0.46 per share.
The dividend is payable December 1, 2021, to shareholders of record on November 10, 2021.
On July 21, 2021, Penske announced an increase in the quarterly dividend to $0.45 per share.
The company held $165.2 million in cash and equivalents as of June 30, 2021.
Price Action: PAG shares closed higher by 0.64% at $103.73 on Wednesday.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.