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

Posted
5/15/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:GPC;KMX;PAG

Penske Automotive Group, Inc. ( PAG ) will begin trading ex-dividend on 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.