Dividend Track Records (DTR)

Penske Automotive Group (PAG) will hike its dividend by 1.4% to $1.44 quarterly. PAG had already hiked two times in 2026.

Penske Automotive Group (PAG) lifted its quarterly dividend on February 11, 2026, increasing the payout by 1.4% to $1.40 per share .

Penske Automotive (PAG) will hike its dividend by 4.5% to $1.38 quarterly per share in Q4 of 2025. This is the fourth dividend hike this year by PAG.

The Dividend Freak highlights two amazing dividend growers In the new Dividend Freak video two great dividend growth stocks are highlighted: Fastenal and Penske Automotive. Not many people know that these companies have a strong track record and increase the dividend by double digits annually. We also look at the almost 20 dividend hikes in the second and third week of January 2024, including several Aristocrats and two monthly dividend payers.

On January 25, 2023, Penske Automotive (PAG) announced that it will hike its dividend by another 7.0% to 61 cents per share quarterly. This follows four dividend hikes in both 2022 and 2021. The new dividend yield for PAG is 1.95% at a stock price of $119.  "Based on the strength of the Company's diversified business model and our continued strong cash flow, we are pleased to provide our shareholders with an increase in the cash dividend," said Penske Automotive Group President, Robert Kurnick, Jr.  The dividend is payable March 1, 2023, to shareholders of record as of February 10, 2023. The next ex-dividend date for PAG is February 9, 2023. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and rela...

On October 20, 2022, Penske Automotive (PAG) announced that it will hike its dividend by another 7.5% to 57 cents per share quarterly. This is the 4th dividend hike announced by PAG in 2022. The new dividend yield for PAG is 2.3% at a stock price of $97.45. "Based on our continued strong cash flow and the strength of the Company's diversified business model, we are delighted to provide our shareholders with an increase in the cash dividend," said Penske Automotive Group President, Robert Kurnick, Jr.  The dividend is payable December 1, 2022, to shareholders of record as of November 10, 2022. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia an...

Penske Automotive (PAG) will hike its dividend by 6.0 percent in Q3 of 2022. This is the third dividend hike announced by PAG in 2022. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. Penske became a public company in 1996 and has paid an uninterrupted dividend since 2011. The dividend was halted in 2009 during the financial crisis and in 2020 because of COVID-19. In Q3 of 2020 the dividend was reinstated again.

Penske Automotive (PAG) will hike its dividend by 6.4 percent to 50 cents per share in Q2 of 2022. A new annual dividend rate of $2.00 per share will yield 1.7% at a stock price of 115. The ex-dividend date for the next PAG dividend is May 20, 2022. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. Penske became a public company in 1996 and has paid an uninterrupted dividend since 2011. The dividend was halted in 2009 during the financial crisis and in 2020 because of COVID-19. In Q3 of 2020 the dividend was reinstated again.

 Penske Automotive (PAG) will hike its dividend to 47 cents per share quarterly. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. Penske became a public company in 1996 and has paid an uninterrupted dividend since 2011. The dividend was halted in 2009 during the financial crisis and in 2020 because of COVID-19. In Q3 of 2020 the dividend was reinstated again.

 Penske Automotive (PAG) will hike its dividend to 46 cents per share quarterly. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. Penske became a public company in 1996 and has paid an uninterrupted dividend since 2011. The dividend was halted in 2009 during the financial crisis and in 2020 because of COVID-19. In Q3 of 2020 the dividend was reinstated again.

Penske Automotive (PAG) will hike its dividend by yet another 2.3 percent to 45 cents quarterly in Q3 of 2021. This follows a dividend hike to $0.43 per share in Q1 of 2021 and a similar 1 cent hike in Q2. The operator of automotive and commercial truck dealerships suspended its quarterly dividend in 2020 because of the COVID-19 pandemic. The next dividend of 45 cents quarterly will be paid on September 1, 2021 to shareholders of record on August 10, 2021. A new annual dividend rate of $1.80 per share will yield 2.2% at a stock price of $81.45. The ex-dividend date for the next PAG dividend is August 9. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and N...

Penske Automotive (PAG) will hike its dividend by another 2.3 percent to 44 cents quarterly in Q2 of 2021. This follows a dividend hike to $0.43 per share in Q1 of 2021. The operator of automotive and commercial truck dealerships suspended its quarterly dividend in 2020 because of the COVID-19 pandemic. The company previously raised its quarterly dividend by 2.4 percent to $0.42 per share in the first quarter of 2020. This marked the 9th consecutive year of dividend increases by the transportation services company. Penske had hiked its dividend in each of the last 35 quarters prior to the dividend cut in 2020. The next dividend of 44 cents quarterly will be paid on June 2, 2021 to shareholders of record on May 24, 2021. A new annual dividend rate of $1.76 per share will yield 1.9% at a stock price of $92. The ex-dividend date for the next PAG dividend is May 21, 2021. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services...

Penske Automotive (PAG) will hike its dividend to $0.43 in Q1 of 2021. The operator of automotive and commercial truck dealerships suspended its quarterly dividend in 2020 because of the COVID-19 pandemic. The company previously raised its quarterly dividend by 2.4 percent to $0.42 per share in the first quarter of 2020. This marked the 9th consecutive year of dividend increases by the transportation services company. Penske had hiked its dividend in each of the last 35 quarters prior to the dividend cut in 2020. The next dividend of 43 cents quarterly will be paid on March 1, 2021 to shareholders of record on Feb. 10, 2021. A new annual dividend rate of $1.72 per share will yield 2.8% at a stock price of $62 for PAG. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commerci...

Penske Automotive (PAG) will reinstate its quarterly dividend in 2020. The operator of automotive and commercial truck dealerships suspended its quarterly dividend earlier this year because of the COVID-19 pandemic. The company last raised its quarterly dividend by 2.4 percent to $0.42 per share in the first quarter of 2020. This marked the 9th consecutive year of dividend increases by the transportation services company. Penske had hiked its dividend in each of the last 35 quarters prior to the dividend cut in 2020. The reinstated dividend is 42 cents quarterly and will be paid on December 1, 2020 to shareholders of record on November 10, 2020. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts ...

Penske Automotive (PAG) will suspend its quarterly dividend in 2020 because of the COVID-19 pandemic. The company last raised its quarterly dividend by 2.4 percent to $0.42 per share in the first quarter of 2020. This marked the 9th consecutive year of dividend increases by the transportation services company. Penske had hiked its dividend in each of the last 35 quarters. In today's press release the company announces the dividend suspension. The company estimates that the suspension of the dividend will preserve approximately $34 million in cash during the second quarter.  Commenting on the announcement, Chair Roger Penske said, "The decision to suspend the quarterly dividend is consistent with the other measures the company has implemented to mitigate the impact of Covid-19, including a hiring freeze, the deferral of approximately $150 million in capital expenditures, and the furloughing of 57% of its worldwide workforce, among others." Penske Automotive Group, Inc....

Penske Automotive (PAG) will raise its quarterly dividend by 2.4 percent to $0.42 per share in the first quarter of 2020. This will mark the 9th consecutive year of dividend increases by the transportation services company. The next dividend is payable on March 3, 2020, to shareholders of record on February 24, 2020. A new annual rate of $1.68 per share yields 3.2% at a stock price of $51.81. In today's press release Penske Automotive Group President Robert H. Kurnick, Jr., said, "For the 35th consecutive quarter, our Board of Directors has approved an increase in the company dividend which exemplifies the confidence we have in our business and our commitment to returning capital to PAG shareholders." Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes comme...

Penske Automotive (PAG) will raise its quarterly dividend by another 2.6 percent to $0.41 per share in the fourth quarter of 2019. This brings the total dividend increase this year to 10.8 percent. The next dividend is payable on December 3, 2019, to shareholders of record on November 8, 2019. A new annual rate of $1.64 per share yields 3.5% at a stock price of $47. Penske Automotive Group President Robert H. Kurnick, Jr., said, "We are pleased to offer our shareholders an increase in the quarterly dividend for the 34th consecutive quarter, reinforcing the confidence we have in our business and our commitment to PAG shareholders." Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts...