PAG - Dividend announcements

BLOOMFIELD HILLS, Mich., May 13, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $1.42 per share, representing an increase of $0.02 per share, or approximately 1.4%. This represents the Company's 22nd consecutive quarterly increase. The dividend is payable June 3, 2026, to shareholders of record as of May 26, 2026."We are pleased to reward shareholders with another increase in the quarterly dividend," said Penske Automotive Group President Robert H. Kurnick, Jr. "Th

Represents 20th Consecutive Quarterly Increase BLOOMFIELD HILLS, Mich., Oct. 15, 2025 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $1.38 per share, representing an increase of 4.5%, or $0.06 per share.  This represents the Company's 20th consecutive quarterly increase. The dividend is payable December 2, 2025, to shareholders of record as of November 14, 2025.

Dividend Increases 4.8% to $1.32 Per Share - the 19th Consecutive Quarterly Increase BLOOMFIELD HILLS, Mich., July 23, 2025 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $1.32 per share, representing an increase of 4.8%, or $0.06 per share.  This represents the Company's 19th consecutive quarterly increase. The dividend is payable September 3, 2025, to shareholders of record as of August 15, 2025. Commenting on the dividend, Penske Automotive Group President Robert H.

Dividend Increases 3.3% to $1.26 Per Share - the 18th Consecutive Quarterly Increase Securities Repurchase Authorization Increases by Additional $250 Million BLOOMFIELD HILLS, Mich., May 14, 2025 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $1.26 per share, representing an increase of 3.3%, or $0.04 per share.  This represents the Company's 18th consecutive quarterly increase. The dividend is payable June 3, 2025, to shareholders of record as of May 27, 2025. The Comp

Represents 16th Consecutive Quarterly Increase Balance Sheet Remains Strong and Leverage Remains Low BLOOMFIELD HILLS, Mich., Oct. 16, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $1.19 per share, representing an increase of 11%, or $0.12 per share. This represents the fourth increase to the Company's dividend in 2024 and the 16th consecutive quarterly increase. Including this dividend distribution and the Company's securities repurchases, the Company will have

Represents 15th Consecutive Quarterly Increase Increase Highlights Strength of Balance Sheet and Low Leverage  BLOOMFIELD HILLS, Mich., July 24, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $1.07 per share, representing an 11% or $0.11 per share increase.  This represents the third increase to the Company's dividend in 2024 and the 15th consecutive quarterly increase. Including this dividend distribution and the Company's securities repurchases, the Company will

BLOOMFIELD HILLS, Mich., May 9, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $0.96 per share.  "Based on the strength of our balance sheet and continued strong cash flow, we are pleased to provide our shareholders with a 10% increase in the cash dividend," said Penske Automotive Group President, Robert Kurnick, Jr.  The dividend is payable June 4, 2024, to shareholders of record as of May 20, 2024. About Penske Automotive Penske Automotive Group, Inc., (NYSE:PAG)

BLOOMFIELD HILLS, Mich., Jan. 17, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $0.87 per share, representing an increase of 10%.  "We are pleased to provide an increase in the cash dividend.   The strength of our balance sheet and our continued strong cash flow enables us to reward our shareholders," said Penske Automotive Group President, Robert Kurnick, Jr.  The dividend is payable March 1, 2024, to shareholders of record as of February 15, 2024. About Penske A

BLOOMFIELD HILLS, Mich., July 19, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's quarterly dividend by $0.06 per share, or 9%, to $0.72 per share. "We are pleased to provide an increase in the cash dividend to our shareholders," said Penske Automotive Group President, Robert Kurnick, Jr. "Continued strong cash flow, a healthy balance sheet, and the strength of our operations enables us to increase the dividend and reward our shareholders."   The dividend is payable Septembe

BLOOMFIELD HILLS, Mich., May 11, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has authorized an increase in the Company's quarterly dividend by $0.05 per share, or 8%, to $0.66 per share and delegated to management an additional $250 million in authority to repurchase the Company's outstanding securities. "Based on the strength of the Company's performance and continued strong cash flow, we are pleased to provide our shareholders with an increase in the cash dividend, and we remain poised to return

Dividend Increased by $0.04 per share, or 7%, to $0.61 BLOOMFIELD HILLS, Mich., Jan. 25, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's quarterly dividend by $0.04 per share, or 7%, to $0.61 per share.  "Based on the strength of the Company's diversified business model and our continued strong cash flow, we are pleased to provide our shareholders with an increase in the cash dividend," said Penske Automotive Group President, Robert Kurnick, Jr.  The dividend is payable Marc

Dividend Increased by $0.04 per share, or 7.5%, to $0.57 BLOOMFIELD HILLS, Mich., Oct. 20, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by $0.04 per share, or 7.5%, to $0.57 per share.  "Based on our continued strong cash flow and the strength of the Company's diversified business model, we are delighted to provide our shareholders with an increase in the cash dividend," said Penske Automotive Group President, Robert Kurnick, Jr.  The dividend is payable Decembe

Dividend Increased by $0.03 per share, or 6%, to $0.53 BLOOMFIELD HILLS, Mich., July 21, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by $0.03 per share, or 6%, to $0.53 per share.  "Based on our continued strong cash flow and the strength of the Company's diversified business model, we are delighted to provide our shareholders with a three cent increase in the cash dividend," said Penske Automotive Group President, Robert Kurnick, Jr.  The dividend is payable Se

Dividend Increased by Three Cents to $0.50 Share Repurchase Authorization Increased to $250 Million BLOOMFIELD HILLS, Mich., May 12, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by 6.4%, or $0.03 per share, to $0.50 per share. "During the first quarter of 2022, Penske Automotive Group generated $381 million in cash flow from operations.  Based on this strong cash flow, and the continued strength of the Company's diversified business model, we are delighted to pro

BLOOMFIELD HILLS, Mich., Jan. 26, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by 2.2%, or $0.01 per share, to $0.47 per share. "The increase in the dividend reflects our Board of Directors' confidence in the Company's strong cash flow and the continued strength of our diversified business model," said Penske Automotive Group President, Robert H. Kurnick, Jr. The dividend is payable March 1, 2022, to shareholders of record on February 10, 2022. About Penske Autom

BLOOMFIELD HILLS, Mich., Oct. 20, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by 2.2% to $0.46 per share. "The increase in the dividend reflects our Board of Directors' confidence in our diversified business model and our strong cash flow," said Penske Automotive Group President, Robert H. Kurnick. The dividend is payable December 1, 2021, to shareholders of record on November 10, 2021. About Penske Automotive Penske Automotive Group, Inc., (NYSE:PAG) headquart

BLOOMFIELD HILLS, Mich., July 21, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by 2.3% to $0.45 per share. The dividend is payable September 1, 2021, to shareholders of record on August 10, 2021. "We are pleased to offer our shareholders another increase in the quarterly dividend," said Penske Automotive Group President, Robert H. Kurnick.  "Our business achieved all-time record results for the six months ending June 30, 2021, and our cash flow remains strong."  

BLOOMFIELD HILLS, Mich., April 28, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company, today reported the highest first quarter revenue, income from continuing operations, and earnings per share in company history. For the three months ended March 31, 2021, the company reported a 253.7% increase in income from continuing operations attributable to common shareholders to $182.5 million and a 253.1% increase in related earnings per share to $2.26. This compares to income from continuing operations attributable to common shareholders of $51.6 million, or $0.64 per share in the prior year. Foreign exchange positively impacte

(PRNewsfoto/Penske Automotive Group, Inc.) Penske Automotive Group logo. (PRNewsFoto/Penske Automotive Group) BLOOMFIELD HILLS, Mich., Feb. 10, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company, today announced fourth quarter and full year 2020 results. For the three months ended December 31, 2020, the company reported a 97% increase in income from continuing operations attributable to common shareholders to $200.1 million, and a 99% increase in related earnings per share to $2.49. This compares to income from continuing operations attributable to common shareholders of $101.6 m

BLOOMFIELD HILLS, Mich., Jan. 26, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company, today announced that its Board of Directors has increased the Company's dividend to $0.43 per share.  The dividend is payable on March 1, 2021, to shareholders of record on February 10, 2021. Commenting on the dividend, President Robert K. Kurnick said, "I am pleased to announce an increase in the quarterly dividend.  With this increase, the annualized dividend is $1.72 per share and represents a yield of 2.7%, the highest in our peer group.  Our business and cash flow remain strong despite the Covid-19 pandemic, as the actions we to