Dividend Insights on Penske Automotive Group: Key Information Ahead of Ex-Dividend Date on May 27, 2025

Penske Automotive Group (PAG) has announced a quarterly dividend of $1.26 per share, with key dates including the announcement on May 14, 2025, the ex-dividend date on May 27, 2025, and the payment date on Jun 3, 2025. This dividend reflects a significant increase compared to the average of the last ten dividends, which stood at approximately $0.309 per share. The previous dividend, issued on Mar 6, 2025, was slightly lower at $1.22 per share. Both dividends are categorized as cash dividends.

Recently, several noteworthy developments have emerged regarding Penske Automotive Group. As of late, Point72 Asset Management L.P. has considerably increased its holdings in PAG, marking a boost of 217.4% in the fourth quarter. This strategic move underscores the growing investor confidence in the company's robust performance and potential for future growth.

Meanwhile, over the past week, Deutsche Bank AG has expanded its position in Penske Automotive by 8.7% during the fourth quarter. This increase in stake signals a positive outlook on the company's financial health and operational strategies among institutional investors.

Since the last update, Penske Automotive Group's market activity has been notable, with shares poised to trade ex-dividend. The company's anticipated dividend payout of $1.26 accounts for approximately 0.77% of its recent stock price of $162.69, suggesting a potential price adjustment when trading resumes post-ex-dividend date.

In conclusion, Penske Automotive Group continues to demonstrate strong financial performance, attracting increased investment from major asset managers. Investors should be aware that May 27, 2025, marks the ex-dividend date—the final day to purchase shares and qualify for this dividend. Any acquisitions made after this date will not be eligible for the current dividend payout.