PENSKE AUTOMOTIVE GROUP ANNOUNCES DIVIDEND INCREASE
Penske Automotive Group's board declared a quarterly dividend of $1.46 per share, a $0.02 (+1.4%) increase that lifts the annualized payout to $5.84 per share. The dividend is payable December 1, 2026, to shareholders of record on November 13, 2026. The filing's boilerplate also reiterates an outstanding unsolicited, preliminary and non-binding take-private proposal from Penske Corporation and Mitsui & Co.
Key figures
- Dividend increase pct
- 1.4%
- Dividend increase per share
- 0.02
- Quarterly dividend per share
- 1.46
- Annualized dividend per share
- 5.84
AI analysis
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