Penske Automotive Increases Dividend 8.3% | Benzinga

Penske Automotive Group (NYSE: PAG), an international automotive retailer, today announced that its Board of Directors has approved a cash dividend of $0.13 per share for the third quarter of 2012. The dividend is payable on December 3, 2012, to shareholders of record on November 12, 2012.

?Increasing the dividend to $0.13 per share continues to demonstrate our commitment to returning capital to shareholders and the confidence we have in the auto retail environment,? said Penske Automotive Group President Rob Kurnick.

Posted in: News, Dividends

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Source: http://www.benzinga.com/news/12/10/3007921/penske-automotive-increases-dividend-8-3

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