Penske Automotive Group Inc Stock Dividends
PAG pays dividends quarterly. Last paid amount was $0.87 at Mar 01, 2024. As of today, dividend yield (TTM) is 1.98%.
Dividend Yield Range
AI Analysis of PAG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.98% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 31.82% |
| Payout Ratio | 0 |
| Amount Per Share | $0.87 |
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Penske Automotive Group Inc has not yet announced its next dividend date. Last payment date was: Mar 01, 2024.
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PAG Dividend Payout History
To ensure a understanding of PAG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 17, 2024 | Feb 14, 2024 | Mar 01, 2024 | $0.87 | 0.563% |
| 2 | Oct 18, 2023 | Nov 09, 2023 | Dec 01, 2023 | $0.790 | 0.512% |
| 3 | Jul 19, 2023 | Aug 09, 2023 | Sep 01, 2023 | $0.720 | 0.433% |
| 4 | May 11, 2023 | May 19, 2023 | Jun 01, 2023 | $0.660 | 0.477% |
| 5 | Jan 25, 2023 | Feb 09, 2023 | Mar 01, 2023 | $0.610 | 0.422% |
| 6 | Oct 20, 2022 | Nov 09, 2022 | Dec 01, 2022 | $0.570 | 0.457% |
| 7 | Jul 21, 2022 | Aug 09, 2022 | Sep 01, 2022 | $0.530 | 0.454% |
| 8 | May 12, 2022 | May 20, 2022 | Jun 01, 2022 | $0.500 | 0.430% |
| 9 | Jan 26, 2022 | Feb 09, 2022 | Mar 01, 2022 | $0.470 | 0.492% |
| 10 | Oct 20, 2021 | Nov 09, 2021 | Dec 01, 2021 | $0.460 | 0.462% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
PAG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from PAG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PAG stock here.
Comparing PAG to Sector and Country
PAG pays a solid dividend yield of 1.98%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.664%). PAG’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the US market (6.62%), which means that there are more attractive dividend stocks to consider.
PAG Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Sonoco Products Company | 5.552B | $0.510 | 4.50% | 41.56% | |
| Penske Automotive Group Inc | 10.28B | $0.87 | 1.98% | 17.95% |
