Penske automotive group increases dividend 11% to $1.07

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.
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