Penske Automotive (US:PAG) ZACKS·2025-03-19 16:45Company Overview - Penske Automotive (PAG) is headquartered in Bloomfield Hills and operates in the Retail-Wholesale sector, with a year-to-date price change of -2.66% [3] - The company currently pays a dividend of $1.22 per share, resulting in a dividend yield of 3.29%, significantly higher than the Automotive - Retail and Wholesale industry's yield of 0.26% and the S&P 500's yield of 1.57% [3] Dividend Performance - Penske Automotive's annualized dividend of $4.88 has increased by 19.3% compared to the previous year [4] - Over the past five years, the company has raised its dividend five times, achieving an average annual increase of 26.65% [4] - The current payout ratio stands at 35%, indicating that the company distributes 35% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - The Zacks Consensus Estimate projects earnings for fiscal year 2025 to be $13.78 per share, reflecting a 0.29% increase from the previous year [5] Investment Considerations - Penske Automotive is considered a strong dividend investment opportunity, particularly appealing to income investors due to its robust dividend yield and growth potential [7]