Penske Automotive Group, Inc. (NYSE:PAG) to Issue Quarterly Dividend of $1.46

Penske Automotive Group, Inc. (NYSE:PAG) announced a quarterly dividend on Thursday, October 15th. Stockholders of record on Friday, November 13th will be paid a dividend of $1.46 per share on Tuesday, December 1st. This represents a $5.84 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, November 13th. This is a 1.4% increase from Penske Automotive Group’s previous quarterly dividend of $1.44.

Penske Automotive Group has raised its dividend by an average of 0.4% per year over the last three years and has raised its dividend annually for the last 6 consecutive years. Penske Automotive Group has a dividend payout ratio of 39.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Penske Automotive Group to earn $14.20 per share next year, which means the company should continue to be able to cover its $5.76 annual dividend with an expected future payout ratio of 40.6%.

Penske Automotive Group Stock Performance

Shares of PAG stock traded up $17.26 during mid-day trading on Thursday, reaching $212.05. 3,240,535 shares of the company’s stock traded hands, compared to its average volume of 355,330. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.21 and a current ratio of 0.98. The firm has a market capitalization of $13.92 billion, a PE ratio of 15.61 and a beta of 0.92. Penske Automotive Group has a 12 month low of $140.12 and a 12 month high of $227.00. The firm has a 50 day moving average price of $211.87 and a two-hundred day moving average price of $188.84.

Penske Automotive Group (NYSE:PAG) last announced its earnings results on Wednesday, July 29th. The company reported $3.62 EPS for the quarter, topping analysts’ consensus estimates of $3.42 by $0.20. Penske Automotive Group had a return on equity of 14.78% and a net margin of 2.81%. The company had revenue of $8.51 billion for the quarter, compared to analysts’ expectations of $7.98 billion. During the same period last year, the firm earned $3.78 EPS. Penske Automotive Group’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, research analysts forecast that Penske Automotive Group will post 13.48 EPS for the current year.

Key Headlines Impacting Penske Automotive Group

Here are the key news stories impacting Penske Automotive Group this week:

• Positive Sentiment: Cash buyout provides a clear valuation. Unaffiliated shareholders will receive $212 per share in cash, representing an 8.84% premium to the prior closing price. The transaction values Penske Automotive at approximately $16.3 billion including debt, prompting investors to reprice PAG shares toward the offer value. Penske Automotive Group Announces Agreement to Be Taken Private
• Positive Sentiment: Deal certainty is supported by the transaction structure. Closing is expected in the first quarter of 2027, subject to shareholder, regulatory and other customary approvals. The agreement is reportedly not subject to a financing condition, reducing one potential source of execution risk. Penske Automotive to Be Taken Private in $16.3 Billion Deal
• Positive Sentiment: Dividend increased. PAG declared a quarterly cash dividend of $1.46 per share, payable December 1, 2026, providing shareholders with additional near-term cash income while the merger proceeds. Penske Automotive Group Announces Dividend Increase
• Neutral Sentiment: Normal public-company updates will be limited. Penske Automotive plans to report third-quarter 2026 results on October 28 but will not hold an earnings conference call because of the pending transaction, reducing near-term management commentary for investors. Penske Automotive Group Take-Private Deal Analysis
• Negative Sentiment: Shareholder-law firms are investigating the proposed sale. Several firms are soliciting investors and examining whether the $212 offer and deal process adequately protect unaffiliated shareholders, given the involvement of controlling stockholders. Such reviews could create litigation, delay or renegotiation risk, although no wrongdoing has been established. PAG Investor Alert

Penske Automotive Group Company Profile

Penske Automotive Group, Inc is a diversified international transportation services company that operates automotive and commercial vehicle dealerships. The company sells new and used cars, trucks and other vehicles, representing a broad range of manufacturers and brands.

Its retail automotive operations also provide vehicle financing and insurance products, maintenance and repair services, replacement parts, collision repair, and other related services. Through its commercial vehicle operations, Penske Automotive Group serves businesses and fleet customers with heavy- and medium-duty trucks, parts and service support, and related transportation solutions.

The company serves customers primarily in the United States, the United Kingdom, Germany, Italy and Japan.