Penske Automotive raises quarterly dividend by 4.5% to $1.38/share

* Penske Automotive (NYSE:PAG [https://seekingalpha.com/symbol/PAG]) declares $1.38/share quarterly dividend [https://seekingalpha.com/pr/20267716-penske-automotive-group-announces-0_06-increase-in-quarterly-dividend], 4.5% increase from prior dividend of $1.32.
* Forward yield [https://seekingalpha.com/symbol/PAG/dividends/yield?source=news_bullet] 3.23%
* Payable Dec. 2; for shareholders of record Nov. 14; ex-div Nov. 14.
* See PAG Dividend Scorecard, Yield Chart, & Dividend Growth. [https://seekingalpha.com/symbol/PAG/dividends?source=news_bullet]

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