Group 1 - Penske Automotive Group, Inc. announced a quarterly dividend increase of 4.8% to $1.32 per share, marking the 19th consecutive quarterly increase [1][2] - The dividend is payable on September 3, 2025, to shareholders of record as of August 15, 2025 [1] - The increase reflects the company's strong balance sheet and cash flow, as stated by President Robert H. Kurnick, Jr. [2] Group 2 - Penske Automotive Group operates internationally, with dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia [2] - The company is one of the largest retailers of commercial trucks in North America and employs over 28,700 people worldwide [2] - Penske Automotive owns 28.9% of Penske Transportation Solutions, which manages a large trucking fleet and provides transportation and supply chain solutions [2]
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND