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Penske Automotive (PAG) Could Be a Great Choice

Company Overview - Penske Automotive (PAG) is headquartered in Bloomfield Hills and operates in the Retail-Wholesale sector [3] - The stock has experienced a price change of -0.41% since the beginning of the year [3] Dividend Information - Penske Automotive currently pays a dividend of $1.22 per share, resulting in a dividend yield of 3.21%, significantly higher than the Automotive - Retail and Wholesale industry's yield of 0.25% and the S&P 500's yield of 1.69% [3] - The company's annualized dividend of $4.88 has increased by 19.3% from the previous year [4] - Over the past five years, Penske Automotive has raised its dividend five times, achieving an average annual increase of 30.89% [4] - The current payout ratio is 35%, indicating that the company pays out 35% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Penske Automotive anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 at $13.81 per share, reflecting a 0.51% increase from the previous year [5] Investment Considerations - Penske Automotive is viewed as a compelling investment opportunity due to its strong dividend performance and current Zacks Rank of 3 (Hold) [7]