Group 1 Automotive Board Approves Increase to 2025 Dividend Rate and Declares Quarterly Dividend

Core Viewpoint - Group 1 Automotive, Inc. has announced a 6% increase in its annual dividend rate for 2025, raising it to $2.00 per share from$1.88 per share in 2024 [1] Group 1 Automotive Overview - Group 1 operates 258 automotive dealerships and 330 franchises in the U.S. and U.K., offering 35 brands of automobiles [2] - The company provides a range of services including the sale of new and used cars, vehicle financing, service and insurance contracts, automotive maintenance and repair, and vehicle parts [2] Dividend Details - The approved dividend of $2.00 per share includes a payment of$0.50 per share scheduled for March 17, 2025, to stockholders of record as of March 3, 2025 [1]