PAG Penske Automotive Group dividend history, payout ratio & dates
Penske Automotive Group's latest cash dividend of $1.07 per share was issued to shareholders on record before Aug 15, 2024. The dividend distribution stands at $3.69 per share annually, which comes to a dividend yield of 2.33%. The latest PAG dividend of $1.07 is an increase from the previous $0.96 payout, representing a growth of 11%.
Key dates
- PAG last dividend date: Aug 15, 2024
PAG dividend stats
vs. Consumer Cyclical sector
Dividend yield
Penske Automotive Group's dividend yield of 2.33% is above the industry and its peers average but below the Consumer Cyclical sector average. But compared to its Consumer Cyclical sector average of 2.44%, Penske Automotive Group's dividend yield is only 4.5% lower. The historical 5-year average of PAG's dividend yield is 1.9%, which is below the current yield.
Dividend history
Penske Automotive Group has a dividend history dating as far as 2003, but consistently the company has been paying dividends for the last 13 consecutive years. Our records show that PAG has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 44% since twelve months ago. And with the price of the stock up by 4.4% from a year ago, the dividend yield has an increase of 38%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 15, 2024 | $1.07 | 2.23% |
| May 17, 2024 | $0.96 | 2.14% |
| Feb 14, 2024 | $0.87 | 2.02% |
| Nov 9, 2023 | $0.79 | 1.88% |
| Aug 9, 2023 | $0.72 | 1.54% |
| May 19, 2023 | $0.66 | 1.7% |
| Feb 9, 2023 | $0.61 | 1.59% |
| Nov 9, 2022 | $0.57 | 1.82% |
| Aug 9, 2022 | $0.53 | 1.71% |
| May 20, 2022 | $0.5 | 1.74% |
| Feb 9, 2022 | $0.47 | 1.77% |
| Nov 9, 2021 | $0.46 | 1.6% |
| Aug 9, 2021 | $0.45 | 2% |
| May 21, 2021 | $0.44 | 1.5% |
| Feb 9, 2021 | $0.43 | 1.3% |
| Nov 9, 2020 | $0.42 | 1.45% |
| Feb 21, 2020 | $0.42 | 3.07% |
| Nov 7, 2019 | $0.41 | 3.1% |
| Aug 8, 2019 | $0.4 | 3.45% |
| May 17, 2019 | $0.39 | 3.4% |
| Feb 8, 2019 | $0.38 | 3.47% |
| Nov 8, 2018 | $0.37 | 3.16% |
| Aug 9, 2018 | $0.36 | 2.7% |
| May 18, 2018 | $0.35 | 2.79% |
| Feb 9, 2018 | $0.34 | 2.68% |
| Nov 9, 2017 | $0.33 | 2.76% |
| Aug 8, 2017 | $0.32 | 2.97% |
| May 18, 2017 | $0.31 | 2.75% |
| Feb 15, 2017 | $0.3 | 2.13% |
| Nov 8, 2016 | $0.29 | 2.57% |
| Aug 8, 2016 | $0.28 | 2.66% |
| May 12, 2016 | $0.27 | 2.87% |
| Feb 8, 2016 | $0.26 | 3.26% |
| Nov 6, 2015 | $0.25 | 1.91% |
| Aug 6, 2015 | $0.24 | 1.69% |
| May 13, 2015 | $0.23 | 1.71% |
| Feb 6, 2015 | $0.22 | 1.57% |
Penske Automotive Group dividend payout ratio
Payout ratio
Penske Automotive Group's payout ratio of 27.1% is above the industry and its peers average but below the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 38.6%, Penske Automotive Group's payout ratio is 30% lower.
Total amount of dividends paid per financial year (from cash flow)
PAG dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PAG Penske Automotive Group Inc | 2.33% | $3.69 | 27.1% |
| SAH Sonic Automotive Inc | 2.11% | $1.2 | 21.6% |
| RUSHA Rush Enterprises Inc | 1.64% | $0.86 | 22.1% |
| LAD Lithia Motors Inc | 0.65% | $2.06 | 6.6% |
| GPI Group 1 Automotive Inc | 0.51% | $1.86 | 4.6% |
Frequently asked questions
Does Penske Automotive Group pay a dividend?
Yes, Penske Automotive Group has paid four dividends in the last twelve months. PAG has been paying dividends since 2011.
When was PAG's last dividend?
Penske Automotive Group's last dividend ex-date was on Aug 15, 2024. The dividend amount was $1.07 per share.
How much dividend does Penske Automotive Group pay (per share)?
On an annual basis PAG pays $3.69 per share.
What is Penske Automotive Group's dividend yield?
Currently Penske Automotive Group's dividend yield is 2.33%.
How often does Penske Automotive Group pay dividends?
Penske Automotive Group has a quarterly dividend frequency.
What is Penske Automotive Group's dividend payout ratio?
Penske Automotive Group's dividend payout ratio is 27.1%.
Does Penske Automotive Group pay a good dividend?
Penske Automotive Group's dividend yield is similar to the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.