Penske Automotive Dividends
| PAG Stock | USD 162.80 1.89 1.17% |
The Penske Automotive's current Dividends Paid is estimated to increase to about 198.6 M, while Dividend Yield is projected to decrease to 0.02. Penske Automotive's past performance could be the main factor of why investors trade Penske Automotive Group stock today. Investors should clearly understand every aspect of the Penske Automotive dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Penske Automotive's dividend schedule and payout information. Penske Automotive Group dividends can also provide a clue to the current valuation of Penske Automotive.
Number Of Dividends | Years Issued 20 | Previous Year 4 Times | Current Year 4 Times | Year Average 3.7 | Volatility 0.8 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 189.1 M | 198.6 M | |
| Dividend Yield | 0.02 | 0.02 | |
| Dividend Payout Ratio | 0.18 | 0.15 | |
| Dividend Paid And Capex Coverage Ratio | 1.94 | 1.03 |
Penske |
Investing in dividend-paying stocks, such as Penske Automotive Group is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Penske Automotive must own a stock before its ex-dividend date to receive its next dividend.
Penske Automotive Dividends Paid Over Time
Today, most investors in Penske Automotive Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Penske Automotive's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Penske Automotive dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
| Timeline |
Penske Automotive Historical Dividend Yield Growth
A solid dividend growth pattern of Penske Automotive could indicate future dividend growth is likely, which can signal long-term profitability for Penske Automotive Group. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Penske Automotive Group dividend as a percentage of Penske Automotive stock price. Penske Automotive dividend yield is a measure of Penske Automotive stock productivity, which can be interpreted as interest rate earned on an Penske Automotive investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
| Timeline |
Recent Penske Automotive Dividends Paid (per share)
Dividends Paid |
| Timeline |
Penske Automotive Expected Dividend Income Per Share
Dividend payment represents part of Penske Automotive's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Penske Automotive. Penske Automotive's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$2.48 Bottom Scenario | $2.54 | $2.6 Top Scenario |
One Year
Penske Automotive Group expected dividend income per share adjusted for ongoing price standard deviation
Penske Automotive Past Distributions to stockholders
| 4th of September 2024 | ||
| 4th of June 2024 | ||
| 1st of March 2024 | ||
| 1st of December 2023 | ||
| 1st of September 2023 | ||
| 10th of August 2023 | ||
| 1st of June 2023 | ||
| 22nd of May 2023 | ||
| 1st of March 2023 | ||
| 1st of December 2022 |
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penske Automotive. If investors know Penske will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penske Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 4.09 | Earnings Share 13.07 | Revenue Per Share 447.96 | Quarterly Revenue Growth 0.019 |
The market value of Penske Automotive is measured differently than its book value, which is the value of Penske that is recorded on the company's balance sheet. Investors also form their own opinion of Penske Automotive's value that differs from its market value or its book value, called intrinsic value, which is Penske Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penske Automotive's market value can be influenced by many factors that don't directly affect Penske Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penske Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penske Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penske Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.