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Penske Automotive Group, Inc. (PAG) Ex-Dividend Date Scheduled for August 08, 2013

Posted
8/7/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:GPC;KMX;PAG

Penske Automotive Group, Inc. ( PAG ) will begin trading ex-dividend on August 08, 2013. A cash dividend payment of $0.16 per share is scheduled to be paid on September 03, 2013. Shareholders who purchased PAG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.67% increase over the prior quarter. At the current stock price of $38.71, the dividend yield is 1.65%.

The previous trading day's last sale of PAG was $38.71, representing a -1.08% decrease from the 52 week high of $39.13 and a 58.45% increase over the 52 week low of $24.43.

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 $2.32. Zacks Investment Research reports PAG's forecasted earnings growth in 2013 as 15.68%, compared to an industry average of 15.7%.

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