Penske Automotive Group Raises Dividend 1.4%

Dow Jones

05/14

By Christopher Kuo

Penske Automotive Group boosted its quarterly dividend for the 22nd consecutive quarter, this time by 1.4% to $1.42 a share from $1.40 a share,

The new payout, equal to $5.68 a year, represents an annual yield of 3.4% based on the company's latest closing share price of $166.58.

The dividend is payable June 3 to shareholders of record as of May 26, Penske said Wednesday.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

May 13, 2026 17:48 ET (21:48 GMT)

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