NYSE:GPISpecialty Retail
Assessing Group 1 Automotive (GPI) Valuation After Governance Changes And Higher Dividend Commitment
Group 1 Automotive (GPI) is back in focus after shareholders approved expanded rights to call special meetings, and the board backed a higher annualized dividend through a US$0.55 quarterly cash payout.
See our latest analysis for Group 1 Automotive.
The dividend increase and governance changes come at a time when the share price has been under pressure, with the stock down 10.4% on a 30 day share price return and the 1 year total shareholder return declining 28.6%. However, the 5 year total...