Penske Automotive Group News
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Penske has boosted its quarterly cash dividend regularly since May 2011, when it reinstated payouts -- at 7 cents a share -- following the auto industry's sales collapse.
The increase in the dividend reflects our commitment to increasing returns for shareholders and reinforces the continued confidence we have in the strength of the auto retail market and our ability to continue growing our overall business."
Updated: Wed Jul 30, 2014 04:57 am
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