Penske Automotive Group (Penske Automotive Group) Dividend Payout Ratio

: 0.28 (As of Dec. 2023)

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Penske Automotive Group's dividend payout ratio for the months ended in Dec. 2023 was 0.28.

The historical rank and industry rank for Penske Automotive Group's Dividend Payout Ratio or its related term are showing as below:

PAG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.21 Max: 0.3
Current: 0.18

During the past 13 years, the highest Dividend Payout Ratio of Penske Automotive Group was 0.30. The lowest was 0.11. And the median was 0.21.

PAG's Dividend Payout Ratio is ranked better than
72.48% of 745 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs PAG: 0.18

As of today (2024-04-24), the Dividend Yield % of Penske Automotive Group is 2.01%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Penske Automotive Group was 7.15%. The lowest was 0.92%. And the median was 1.80%.

Penske Automotive Group's Dividends per Share for the months ended in Dec. 2023 was $0.79.

During the past 12 months, Penske Automotive Group's average Dividends Per Share Growth Rate was 34.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 49.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Penske Automotive Group was 75.40% per year. The lowest was -12.60% per year. And the median was 15.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Penske Automotive Group Dividend Payout Ratio Historical Data

The historical data trend for Penske Automotive Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Penske Automotive Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.30

0.12

0.11

0.17

Penske Automotive Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.14	0.14	0.15	0.18	0.28

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Penske Automotive Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Penske Automotive Group Dividend Payout Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Penske Automotive Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Penske Automotive Group's Dividend Payout Ratio falls into.

Penske Automotive Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Penske Automotive Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.78	/	15.947
	=	0.17

Penske Automotive Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.79	/	2.84
	=	0.28

Penske Automotive Group (NYSE:PAG) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Penske Automotive Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Penske Automotive Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Penske Automotive Group (Penske Automotive Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Penske Automotive Group Inc (NYSE:PAG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

UA9:Germany

Address

2555 Telegraph Road, Bloomfield Hills, MI, USA, 48302-0954

Website

https://www.penskeautomotive.com

Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.

Executives

Sandra E. Pierce	director	2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Kurnick Robert H Jr	director, officer: President	2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
John Barr	director	2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
Michelle Hulgrave	officer: EVP & CFO	2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Shane M. Spradlin	officer: EVP, Gen. Counsel & Sec.	2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Kimberly J Mcwaters	director	20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Lisa Ann Davis	director	2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Greg C Smith	director	FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Denker Claude H Iii	officer: EVP - Human Resources	2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Roger S Penske	director, 10 percent owner, officer: Chair & CEO	2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
H Brian Thompson	director	1950 OLD GALLOWS ROAD SUITE 201, VIENNA VA 22182
Ronald G Steinhart	director	3890 WEST NORTHWEST HIGHWAY SUITE 400, DALLAS TX 75220
Michael R Eisenson	director	C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210
Gregory W Penske	director	3534 NORTH PECK ROAD, EL MONTE CA 91731
Wolfgang Duerheimer	director	2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302