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Penske Automotive raises quarterly dividend to 53 cents a share versus 50 cents

Penske Automotive Group Inc. (PAG) said Thursday it is raising it quarterly cash dividend to 53 cents a share from 50 cents previously. The new dividend will be payable Sept. 1 to shareholders of record as of Aug. 10. Shares were down 2.5% Thursday.

-Ciara Linnane

 

(END) Dow Jones Newswires

07-21-22 1156ET

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