Penske Automotive Group, Inc. (NYSE:PAG) announces a quarterly dividend of $0.32

ME Staff

7 years ago

Penske Automotive Group, Inc. (NYSE:PAG) to go ex-dividend.On 7/26/2017 Penske Automotive Group, Inc. ( NYSE:PAG ) announced that it will be issuing a quarterly dividend in the amount of $0.32 down from Previous Dividend: $0.31  $0.32 making the yield 2.87%.Penske Automotive Group, Inc. (NYSE:PAG) Ex- dividend datePenske Automotive Group, Inc. (NYSE:PAG) is set to go ex-dividend on 8/8/2017 and will be payable on 9/1/2017 Dividend History for Penske Automotive Group, Inc. (NYSE:PAG) The next payable dividend for Penske Automotive Group, Inc. is scheduled for 9/1/2017. There is an annual dividend of $$1.24 with a yield of 2.77% The company’s dividend has increased by 21.10% on a 3 Year Average The payout ration for the trailing 12 months of earnings is 30.54% , 28.84% based on this years estimates and 27.25% based on next years projected estimates.Recent Dividend History for Penske Automotive Group, Inc. (NYSE:PAG)

On 1/29/2013 Penske Automotive Group, Inc. announced a quarterly dividend of $0.14.
On 5/9/2013 Penske Automotive Group, Inc. announced a quarterly dividend of $0.15.
On 7/17/2013 Penske Automotive Group, Inc. announced a quarterly dividend of $0.16.
On 10/23/2013 Penske Automotive Group, Inc. announced a quarterly dividend of $0.17.
On 1/28/2014 Penske Automotive Group, Inc. announced a quarterly dividend of $0.18.
On 5/2/2014 Penske Automotive Group, Inc. announced a quarterly dividend of $0.19.

Recent Insider Trading for Penske Automotive Group, Inc. (NYSE:PAG)

On 6/1/2017 Robert H Kurnick Jr, President, sold 11,172 with an average share price of $42.48 per share and the total transaction amounting to $474,586.56.
On 6/1/2017 Shane M. Spradlin, EVP, sold 1,900 with an average share price of $43.64 per share and the total transaction amounting to $82,916.00.
On 9/12/2016 Shane M. Spradlin, EVP, sold 4,900 with an average share price of $48.31 per share and the total transaction amounting to $236,719.00.
On 9/9/2016 Corp Penske, Major Shareholder, bought 327,602 with an average share price of $48.07 per share and the total transaction amounting to $15,747,828.14.
On 9/7/2016 Corp Penske, Major Shareholder, bought 225,000 with an average share price of $46.95 per share and the total transaction amounting to $10,563,750.00.
On 9/1/2016 Corp Penske, Major Shareholder, bought 187,764 with an average share price of $45.24 per share and the total transaction amounting to $8,494,443.36.

Recent Analyst Rating for Penske Automotive Group, Inc. (NYSE:PAG)

On 7/17/2017 Wells Fargo & Company, Reiterated Rating, to Market Perform with a price target of $54.00 to $46.00
On 6/9/2017 Morgan Stanley, Lower Price Target, to Overweight with a price target of $54.00 to $50.00
On 4/27/2017 Gabelli, Upgrade, fromHold to Buy to Hold with a price target of $68.00
On 2/1/2017 Susquehanna Bancshares Inc, Initiated Coverage, to Positive with a price target of $63.00
On 10/13/2016 Evercore ISI, Downgrade, fromHold to Sell to Hold with a price target of $39.00
On 9/16/2016 Stifel Nicolaus, Downgrade, fromBuy to Hold to Buy

Recent Trading for Penske Automotive Group, Inc. (NYSE:PAG) Shares of Penske Automotive Group, Inc. closed the previous trading session at 44.70 up +1.03 2.36% with 644,890 shares trading hands.