Penske Automotive Group hikes dividend by 1.4%
The increase extends Penske Automotive Group’s dividend growth streak to 6 consecutive years. At a share price of $173, the dividend translates into a yield of approximately 3.2%. The ex-dividend date is February 25, 2026.
Based on the historical record shown above, Penske Automotive Group’s dividend growth has averaged 24.9% per year over the past five years and 17.1% per year over the past ten years. In 2025, the total increase reported for the year was 16.0%. In recent years, the company has announced multiple dividend increases within a year.
Penske Automotive Group operates automotive and commercial truck dealerships, providing vehicle sales, financing, and related aftersales services. For more information, you can visit the website of Penske Automotive Group.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.