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Group 1 Automotive Board Approves Increase to 2026 Dividend Rate and Declares Quarterly Dividend
Prnewswire· 2026-02-11 21:16
Core Viewpoint - Group 1 Automotive has announced an increase in its annual dividend rate for 2026 to $2.20 per share, reflecting a 10% increase from the previous year's rate of $2.00 per share [1]. Group 1 Automotive Overview - Group 1 Automotive operates 257 dealerships and 318 franchises across the U.S. and U.K., offering 36 brands of automobiles [1]. - 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 [1]. Dividend Declaration - The board of directors has declared a quarterly dividend of $0.55 per share, which will be payable on March 16, 2026, to stockholders of record as of March 2, 2026 [1].