Penske Increases Dividend

By Staff Writer October 22, 2021

Penske Automotive Group, a diversified international transportation services company, announced that its Board of Directors has increased the company’s dividend by 2.2% to $0.46 per share.

“The increase in the dividend reflects our Board of Directors’ confidence in our diversified business model and our strong cash flow,” said Penske Automotive Group President Robert Kurnick.

The dividend is payable Dec. 1, to shareholders of record on Nov.10.

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Last modified on Friday, 22 October 2021 16:32