Penske Automotive Group (PAG) Dividends & Splits

Penske Automotive Group Inc (PAG) is a publicly traded company that operates a network of automotive dealerships and provides related services. As a publicly traded company, PAG has a dividend program in place for its shareholders. The dividend yield is a ratio that indicates the amount of cash a company pays out in dividends relative to its stock price. PAG's dividend yield can be calculated by dividing the annual dividend payment per share by the stock's current price. The payout ratio, on the other hand, measures the percentage of earnings that is paid out as dividends. It can be calculated by dividing the annual dividend per share by the earnings per share. For PAG, the dividend yield and payout ratio are important indicators of its dividend program's strength and sustainability.

PAG's dividend ex-date is the date on which a stock buyer is not entitled to receive the upcoming dividend. This is because the stock has been sold before the ex-dividend date. PAG's dividend ex-date is typically a few days before the dividend payment date. Dividends per share are the actual cash payments made to shareholders. For PAG, the dividend amount per share can vary from quarter to quarter, depending on the company's financial performance and board decisions. The dividend growth rate measures the average annual growth rate of the dividends. PAG's dividend growth rate is a relevant measure for investors interested in the company's long-term dividend performance.