Penske Dividend Yield from 2010 to 2024

PAG Stock  USD 170.38  6.30  3.84%   
Penske Automotive's Dividend Yield is increasing over the last several years with slightly volatile swings. Dividend Yield is predicted to flatten to 0.02. Dividend Yield is a financial ratio that shows how much Penske Automotive Group pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.01732529
Current Value
0.0154
Quarterly Volatility
0.007951
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Penske Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penske Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 71 M, Interest Expense of 214.4 M or Total Revenue of 31 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 0.0154 or PTB Ratio of 1.99. Penske financial statements analysis is a perfect complement when working with Penske Automotive Valuation or Volatility modules.
  
Check out the analysis of Penske Automotive Correlation against competitors.

Latest Penske Automotive's Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Penske Automotive Group over the last few years. 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. It is 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. Penske Automotive's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Penske Automotive's overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Slightly volatile
   Dividend Yield   
       Timeline  

Penske Dividend Yield Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.02
Coefficient Of Variation42.81
Mean Deviation0.01
Median0.02
Standard Deviation0.01
Sample Variance0.000063
Range0.0321
R-Value0.34
Mean Square Error0.00006
R-Squared0.12
Significance0.21
Slope0.0006
Total Sum of Squares0.0009

Penske Dividend Yield History

2024 0.0154
2023 0.0173
2022 0.018
2021 0.0167
2020 0.0142
2019 0.0316
2018 0.0353

About Penske Automotive Financial Statements

Penske Automotive stakeholders use historical fundamental indicators, such as Penske Automotive's Dividend Yield, to determine how well the company is positioned to perform in the future. Although Penske Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Penske Automotive's assets and liabilities are reflected in the revenues and expenses on Penske Automotive's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Penske Automotive Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Dividend Yield 0.02  0.02 

Currently Active Assets on Macroaxis

When determining whether Penske Automotive is a strong investment it is important to analyze Penske Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Penske Automotive's future performance. For an informed investment choice regarding Penske Stock, refer to the following important reports:
Check out the analysis of Penske Automotive Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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
13.06
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.