Penske Automotive Group Inc. (PAG) said Wednesday it's raising its quarterly dividend to 47 cents a share from 46 cents. The new dividend will be payable March 1 to shareholders of record as of Feb. 10. Shares were not yet active premarket but have gained 56% in the last 12 months, while the S&P 500 has gained 13%.
(END) Dow Jones Newswires
01-26-22 0810ETCopyright (c) 2022 Dow Jones & Company, Inc.