Penske Automotive Group, Inc. (PAG) Dividends
Dividend Yield and Dividend History Highlights
- As for its free cash flow/dividend ratio, PAG's comes in at -15.57 -- better than 9.95% of other US-listed dividend issuers.
- Free cash flow for PAG has a compound average growth rate of 23.62%, which is higher than 80.8% of stocks in our dividend set.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PAG that may be suitable potential portfolio mates: MOMO, AMK, RMD, SVT and PAAS.
PAG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $151.78 | $44.01 | -56.69% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Penske Automotive Group Inc, the dividend discount model StockNews created for the company implies a negative return of 56.69%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Penske Automotive Group Inc are:
- Regarding its relative worth based on the dividend discount model, Penske Automotive Group Inc's estimated return of -56.69% surpasses about 27.13% of dividend issuers we applied the dividend discount model to.
- Beta tells us how volatile a stock's price is relative to the broader equity index; for Penske Automotive Group Inc, its beta is lower than just 16.06% of dividend issuing stocks we observed.
PAG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-14 | Dividend | $0.87 | +10.13% |
| 2023-11-09 | Dividend | $0.79 | +9.72% |
| 2023-08-09 | Dividend | $0.72 | +9.09% |
| 2023-05-19 | Dividend | $0.66 | +8.20% |
| 2023-02-09 | Dividend | $0.61 | +7.02% |
| 2022-11-09 | Dividend | $0.57 | +7.55% |
| 2022-08-09 | Dividend | $0.53 | +6.00% |
| 2022-05-20 | Dividend | $0.50 | +6.38% |
| 2022-02-09 | Dividend | $0.47 | +2.17% |
| 2021-11-09 | Dividend | $0.46 | +2.22% |
| 2021-08-09 | Dividend | $0.45 | +2.27% |
| 2021-05-21 | Dividend | $0.44 | +2.33% |
| 2021-02-09 | Dividend | $0.43 | +2.38% |
| 2020-11-09 | Dividend | $0.42 | -- |
| 2020-02-21 | Dividend | $0.42 | +2.44% |
| 2019-11-07 | Dividend | $0.41 | +2.50% |
| 2019-08-08 | Dividend | $0.40 | +2.56% |
| 2019-05-17 | Dividend | $0.39 | +2.63% |
| 2019-02-08 | Dividend | $0.38 | +2.70% |
| 2018-11-08 | Dividend | $0.37 | +2.78% |
| 2018-08-09 | Dividend | $0.36 | +2.86% |
| 2018-05-18 | Dividend | $0.35 | +2.94% |
| 2018-02-09 | Dividend | $0.34 | +3.03% |
| 2017-11-09 | Dividend | $0.33 | +3.13% |
| 2017-08-08 | Dividend | $0.32 | +3.23% |
| 2017-05-18 | Dividend | $0.31 | +3.33% |
| 2017-02-15 | Dividend | $0.30 | +3.45% |
| 2016-11-08 | Dividend | $0.29 | +3.57% |
| 2016-08-08 | Dividend | $0.28 | +3.70% |
| 2016-05-12 | Dividend | $0.27 | +3.85% |
| 2016-02-08 | Dividend | $0.26 | +4.00% |
| 2015-11-06 | Dividend | $0.25 | +4.17% |
| 2015-08-06 | Dividend | $0.24 | +4.35% |
| 2015-05-13 | Dividend | $0.23 | +4.55% |
| 2015-02-06 | Dividend | $0.22 | +4.76% |
| 2014-11-06 | Dividend | $0.21 | +5.00% |
| 2014-08-07 | Dividend | $0.20 | +5.26% |
| 2014-05-08 | Dividend | $0.19 | +5.56% |
| 2014-02-06 | Dividend | $0.18 | +5.88% |
| 2013-11-06 | Dividend | $0.17 | +6.25% |
| 2013-08-08 | Dividend | $0.16 | +6.67% |
| 2013-05-16 | Dividend | $0.15 | +7.14% |
| 2013-02-07 | Dividend | $0.14 | +7.69% |
| 2012-11-07 | Dividend | $0.13 | +8.33% |
| 2012-08-08 | Dividend | $0.12 | +9.09% |
| 2012-05-08 | Dividend | $0.11 | +10.00% |
| 2012-02-08 | Dividend | $0.10 | +11.11% |
| 2011-11-09 | Dividend | $0.09 | +12.50% |
| 2011-08-08 | Dividend | $0.08 | +14.29% |
| 2011-05-18 | Dividend | $0.07 | -22.22% |
| 2008-11-06 | Dividend | $0.09 | -- |
| 2008-08-07 | Dividend | $0.09 | -- |
| 2008-05-08 | Dividend | $0.09 | -- |
| 2008-02-07 | Dividend | $0.09 | -- |
| 2007-11-07 | Dividend | $0.09 | +28.57% |
| 2007-08-08 | Dividend | $0.07 | -- |
| 2007-05-09 | Dividend | $0.07 | -- |
| 2007-02-08 | Dividend | $0.07 | -- |
| 2006-11-08 | Dividend | $0.07 | -- |
| 2006-08-08 | Dividend | $0.07 | -- |
| 2006-06-02 | Split | 2-1-for-1 Stock Split | N/A |
| 2006-05-09 | Dividend | $0.14 | +16.67% |
| 2006-02-08 | Dividend | $0.12 | -- |
| 2005-11-08 | Dividend | $0.12 | +9.09% |
| 2005-08-08 | Dividend | $0.11 | -- |
| 2005-05-06 | Dividend | $0.11 | -- |
| 2005-02-08 | Dividend | $0.11 | -- |
| 2004-11-08 | Dividend | $0.11 | +10.00% |
| 2004-08-05 | Dividend | $0.10 | -- |
| 2004-05-06 | Dividend | $0.10 | -- |
| 2004-02-05 | Dividend | $0.10 | -- |
| 2003-11-06 | Dividend | $0.10 | -- |
PAG Dividends vs. Peers
PAG's dividend yield currently ranks #20 of 30 vs. its peers in the Auto Dealers & Rentals category.
Looking for More Information on PAG dividends?
Want to do more research on Penske Automotive Group Inc's dividends? Try the links below:Penske Automotive Group Inc Common Stock (PAG) Dividend History | Nasdaq
Dividend History for Penske Automotive Group Inc (PAG) - Dividend Investor
Penske Automotive Group Inc (PAG) Dividend History - Seeking Alpha