Penske Automotive Group, Inc. (NYSE: PAG) announced on October 15, 2026, that its Board of Directors has declared a quarterly cash dividend of $1.46 per share. This payment represents an increase of $0.02 per share, or 1.4%, compared to the previous dividend rate.
The company stated that the new dividend rate results in an annualized dividend of $5.84 per share. The dividend is scheduled to be paid on December 1, 2026, to shareholders of record as of November 13, 2026.
Headquartered in Bloomfield Hills, Michigan, Penske Automotive Group operates as a diversified international transportation services company. Its portfolio includes automotive and commercial truck dealerships across the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia. The company also owns a 28.9% interest in Penske Transportation Solutions, a business that manages a fleet of over 373,600 trucks, tractors, and trailers.
