Group 1 automotive board approves increase to 2023 dividend rate and declares quarterly dividend

Houston , feb. 14, 2023 /prnewswire/ -- group 1 automotive, inc. (nyse: gpi) ("group 1" or the "company"), an international, fortune 300 automotive retailer with 204 dealerships located in the u.s. and u.k., today announced its board of directors has approved an increase in the 2023 annual dividend rate to $1.80 per share.  this increase represents a 20%, or $0.30, increase over 2022's annual dividend of $1.50 per share.
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