Penske Automotive raises quarterly dividend to 53 cents a share versus 50 cents


Penske Automotive Group Inc. PAG, +1.02% said Thursday it is raising it quarterly cash dividend to 53 cents a share from 50 cents previously. The new dividend will be payable Sept. 1 to shareholders of record as of Aug. 10. Shares were down 2.5% Thursday.

This article was originally published by Read the original article here.

Previous articleThe Rental Trap: ‘I will do things like, Let me feed my son the protein, and I’ll eat rice and beans.’ This single mom spends 50% of her monthly income on rent. Here’s how she survives.
Next article: This is how much more an S&P 500 CEO earned than the typical worker last year


Please enter your comment!
Please enter your name here