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Penske Automotive Group (PAG) Dividend Yield, Date & History

Penske Automotive Group logo
$157.38 +0.38 (+0.24%)
(As of 12/20/2024 05:31 PM ET)

Penske Automotive Group Dividend Summary

Dividend Yield
3.02%
Annual Dividend
$4.76
Recent
Dividend Payment
Dec. 3
Annualized 3-Year
Dividend Growth
49.02%
Dividend Payout Ratio
36.48%

Penske Automotive Group (PAG) pays an annual dividend of $4.76 per share, with a dividend yield of 3.02%. The next quarterly payment of $1.19 per share was paid on Tuesday, December 3, to investors who owned the stock before the ex-dividend date of Friday, November 15. The company currently pays out 36.48% of its earnings and 26.89% of its cash flow as dividends.

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PAG Dividend Payments by Quarter

The chart below displays up to four years of Penske Automotive Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PAG Dividend Yield Over Time

The chart below tracks Penske Automotive Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Penske Automotive Group vs. The Competition

Compare Penske Automotive Group's annual dividend, yield, and 3-year growth rate with averages for Retail and NYSE companies to evaluate its performance against the market.

TypePenske Automotive GroupRetail CompaniesNYSE Companies
Annual Dividend$4.76$0.03$1.39
Dividend Yield3.02%167.12%3.60%
Annualized 3-Year Dividend Growth49.02%27.48%15.78%

Penske Automotive Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings36.48%
Based on This Year's Estimate35.26%
Based on Next Year's Estimate34.27%
Based on Cashflow26.89%

Penske Automotive Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/16/2024quarterly$1.19+$0.12
11.21%
2.6%11/15/202411/15/202412/3/2024
7/24/2024quarterly$1.07+$0.11
11.46%
2.3%8/15/20248/15/20249/4/2024
5/9/2024Quarterly$0.96+$0.09
10.34%
2.46%5/17/20245/20/20246/4/2024
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1/17/2024Quarterly$0.87+$0.08
10.13%
2.32%2/14/20242/15/20243/1/2024
10/18/2023quarterly$0.79+$0.07
9.72%
1.9%11/9/202311/10/202312/1/2023
7/19/2023Quarterly$0.72+$0.06
9.09%
1.6%8/9/20238/10/20239/1/2023
5/11/2023quarterly$0.66+$0.05
8.20%
1.6%5/19/20235/22/20236/1/2023
1/25/2023Quarterly$0.61+$0.04
7.02%
2.03%2/9/20232/10/20233/1/2023

This table shows Penske Automotive Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Penske Automotive Group Dividend - Frequently Asked Questions

The current dividend yield for Penske Automotive Group is 3.02%. Learn more on PAG's dividend yield history.

The annual dividend for PAG shares is $4.76. Learn more on PAG's annual dividend history.

Penske Automotive Group pays quarterly dividends to shareholders.

Penske Automotive Group's most recent quarterly dividend payment of $1.19 per share was made to shareholders on Tuesday, December 3, 2024.

Penske Automotive Group's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 49.02% per year.

The most recent change in the company's dividend was an increase of $0.12 on Wednesday, October 16, 2024.

The dividend payout ratio for PAG is:
  • 36.48% based on the trailing year of earnings
  • 35.26% based on this year's estimates
  • 34.27% based on next year's estimates
  • 26.89% based on cash flow

Penske Automotive Group's dividend yield of 2.94% is lower than the average Retail/Wholesale company that issues a dividend. Penske Automotive Group's dividend payout ratio of 36.48% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Penske Automotive Group stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:PAG) was last updated on 12/21/2024 by MarketBeat.com Staff
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