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PENSKE AUTOMOTIVE GROUP ANNOUNCES 22ND QUARTERLY DIVIDEND INCREASE
Benzinga·
Penske Automotive Group (NYSE: PAG) announced its 22nd consecutive quarterly dividend increase, raising the quarterly dividend to $1.42 per share, up $0.02 or approximately 1.4%. The dividend is payable June 3, 2026. The company's President Robert H. Kurnick, Jr. stated the increase reflects the company's balanced approach to capital allocation including dividends, share repurchases, and strategic acquisitions.
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