Penske Automotive Group, Inc., a diversified international transportation services company as well as a global automotive and commercial truck retailer, announced that its Board of Directors has approved a quarterly dividend of $1.44 per share, an increase of $0.02 per share (+1.4%), bringing the annualized dividend to $5.76 per share. This represents the Company’s 23rd consecutive quarterly dividend increase.
The dividend is payable Sept. 1, 2026, to shareholders of record as of Aug. 14, 2026.
“Our continued dividend growth reflects the strength of our business and disciplined capital allocation strategy,” said Robert H. Kurnick, Jr., president of Penske Automotive Group. “We remain committed to creating shareholder value through a balanced strategy that includes dividends, securities repurchases, and strategic acquisitions.”
