Penske Automotive Group, Inc. (PAG) Ex-Dividend Date Scheduled for May 16, 2013

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Penske Automotive Group, Inc. ( PAG ) will begin trading ex-dividend on May 16, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on June 03, 2013. Shareholders who purchased PAG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.14% increase over the prior quarter. At the current stock price of $32.07, the dividend yield is 1.87%.

The previous trading day's last sale of PAG was $32.07, representing a -6.61% decrease from the 52 week high of $34.34 and a 58.29% increase over the 52 week low of $20.26.

PAG is a part of the Consumer Durables sector, which includes companies such as Genuine Parts Company ( GPC ) and CarMax Inc ( KMX ). PAG's current earnings per share, an indicator of a company's profitability, is $2.17. Zacks Investment Research reports PAG's forecasted earnings growth in 2013 as 12.01%, compared to an industry average of 17.6%.

For more information on the declaration, record and payment dates, visit the PAG Dividend History page.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: GPC , KMX , PAG

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