Penske Automotive Group Dividends and Buybacks
Dividend criteria checks 4/6
Penske Automotive Group is a dividend paying company with a current yield of 3.03% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
3.0%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | -0.3% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$4.760 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Analysts Have Made A Financial Statement On Penske Automotive Group, Inc.'s (NYSE:PAG) Third-Quarter Report
Nov 01
Penske Automotive Group's (NYSE:PAG) Upcoming Dividend Will Be Larger Than Last Year's
Oct 20We Like These Underlying Return On Capital Trends At Penske Automotive Group (NYSE:PAG)
Oct 09At US$159, Is It Time To Put Penske Automotive Group, Inc. (NYSE:PAG) On Your Watch List?
Sep 24Penske Automotive Group, Inc.'s (NYSE:PAG) Low P/E No Reason For Excitement
Sep 11Does Penske Automotive Group (NYSE:PAG) Have A Healthy Balance Sheet?
Aug 26Penske Automotive Group Has Been Busy
Aug 01Should You Investigate Penske Automotive Group, Inc. (NYSE:PAG) At US$147?
Jun 11Penske Automotive Group (NYSE:PAG) Has A Somewhat Strained Balance Sheet
May 27Penske Automotive Group, Inc. (NYSE:PAG) Just Released Its First-Quarter Earnings: Here's What Analysts Think
May 03Penske Automotive Group, Inc.'s (NYSE:PAG) Price Is Right But Growth Is Lacking
Apr 30There's Been No Shortage Of Growth Recently For Penske Automotive Group's (NYSE:PAG) Returns On Capital
Apr 15Penske Automotive Group: Despite Bottom Line Pain, Shares Look Attractively Priced
Apr 02Is Now An Opportune Moment To Examine Penske Automotive Group, Inc. (NYSE:PAG)?
Mar 05Penske Automotive Group (NYSE:PAG) Takes On Some Risk With Its Use Of Debt
Feb 09Calculating The Fair Value Of Penske Automotive Group, Inc. (NYSE:PAG)
Jan 26Returns On Capital Are Showing Encouraging Signs At Penske Automotive Group (NYSE:PAG)
Jan 11Penske Automotive Group: 5 Reasons Why I Am Bullish
Jan 09There Is A Reason Penske Automotive Group, Inc.'s (NYSE:PAG) Price Is Undemanding
Dec 29At US$152, Is It Time To Put Penske Automotive Group, Inc. (NYSE:PAG) On Your Watch List?
Nov 17Penske Automotive Group: Supported By Privatization Possibility
Oct 26Penske Automotive Group (NYSE:PAG) Has A Somewhat Strained Balance Sheet
Oct 19Penske Automotive Group, Inc. (NYSE:PAG) Shares Could Be 26% Below Their Intrinsic Value Estimate
Oct 06Why I'm Selling My Small Position In Penske Automotive
Oct 04Penske Automotive Group (NYSE:PAG) Might Have The Makings Of A Multi-Bagger
Sep 22Penske Automotive Group's (NYSE:PAG) Dividend Will Be Increased To $0.72
Jul 28Penske Automotive: Potential For Softening Performance Is Concerning
Jul 20Is Now The Time To Look At Buying Penske Automotive Group, Inc. (NYSE:PAG)?
Jun 29Is Penske Automotive Group (NYSE:PAG) A Risky Investment?
Jun 14The Return Trends At Penske Automotive Group (NYSE:PAG) Look Promising
May 30Penske Automotive Group (NYSE:PAG) Is Paying Out A Larger Dividend Than Last Year
May 15We Ran A Stock Scan For Earnings Growth And Penske Automotive Group (NYSE:PAG) Passed With Ease
Apr 14Is There Now An Opportunity In Penske Automotive Group, Inc. (NYSE:PAG)?
Mar 21Is Penske Automotive Group (NYSE:PAG) Using Too Much Debt?
Mar 09Investors Will Want Penske Automotive Group's (NYSE:PAG) Growth In ROCE To Persist
Feb 22Penske Automotive authorizes $250M in repurchase authority
Feb 17Calculating The Fair Value Of Penske Automotive Group, Inc. (NYSE:PAG)
Feb 09Penske Automotive Non-GAAP EPS of $4.21 beats by $0.25, revenue of $7B beats by $530M
Feb 08Penske Automotive Group (NYSE:PAG) Will Pay A Larger Dividend Than Last Year At $0.61
Jan 28Penske Automotive boosts dividend by 7% to $0.61
Jan 25Penske Automotive Group: Still Offers Upside From Here
Jan 15Here's Why We Think Penske Automotive Group (NYSE:PAG) Might Deserve Your Attention Today
Jan 13Penske Automotive Group (NYSE:PAG) Seems To Use Debt Quite Sensibly
Dec 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PAG's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Penske Automotive Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PAG) | 3.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Specialty Retail) | 2.0% |
| Analyst forecast (PAG) (up to 3 years) | 2.3% |
Notable Dividend: PAG's dividend (3.03%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: PAG's dividend (3.03%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), PAG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.1%), PAG's dividend payments are well covered by cash flows.