Penske automotive group increases dividend 11% to $1.19

Represents 16th consecutive quarterly increase balance sheet remains strong and leverage remains low bloomfield hills, mich. , oct. 16, 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 $1.19 per share, representing an increase of 11%, or $0.12 per share.
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