Penske Automotive dividend yield – Penske Automotive Group Declares 0.66 Cash Dividend
June 1, 2023
🌥️Dividends Yield
On May 25 2023, Penske Automotive ($NYSE:PAG) Group Inc. declared a 0.66 cash dividend. Penkse Automotive has issued an average dividend yield of 2.05% over the past three years, paying out 2.21 USD, 2.07 USD and 1.78 USD respectively. This dividend payout may make it an attractive stock for those interested in dividend stocks, with an ex-dividend date of May 19 2023.
The dividend yield is in line with the industry average and may be worth considering for those looking to invest in dividend stocks. Investing in PENSKE AUTOMOTIVE may provide investors with a steady stream of income while also offering some potential growth opportunities.
Market Price
This declaration follows the company’s closing price of $141.8 the day prior, with shares opening at $141.6 and closing at $142.5, a 0.5% increase from the prior day’s closing. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Penske Automotive. More…
| Total Revenues | Net Income | Net Margin |
| 28.18k | 1.31k | 4.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Penske Automotive. More…
| Operations | Investing | Financing |
| 1.46k | -641.7 | -798 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Penske Automotive. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.4k | 10.04k | 60.06 |
Key Ratios Snapshot
Some of the financial key ratios for Penske Automotive are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.6% | 34.5% | 6.8% |
| FCF Margin | ROE | ROA |
| 4.2% | 28.9% | 8.3% |
Analysis – Penske Automotive Intrinsic Value Calculation
At GoodWhale, we believe that it’s important to stay informed of the fundamentals of stocks in your portfolio. That’s why we’ve analyzed PENSKE AUTOMOTIVE‘s fundamentals with the help of GoodWhale. After careful consideration, we believe that the fair value of PENSKE AUTOMOTIVE’s share is around $114.3, calculated by our proprietary Valuation Line. Currently, PENSKE AUTOMOTIVE’s stock is traded at $142.5, meaning it is overvalued by 24.6%. More…
Peers
Penske Automotive Group Inc is an American automotive retailer. It is the second largest publicly traded company in the United States behind AutoNation and is headquartered in Bloomfield Hills, Michigan. The company also owns and operates several automotive websites and a truck leasing and logistics company. Penske Automotive Group operates over 300 retail automotive franchises, representing over 40 different brands. The company also operates in the United Kingdom, Australia, and Mexico. Sonic Automotive Inc is an American automotive retailer.Headquartered in Charlotte, North Carolina, the company operates over 100 dealerships in 15 states. Asbury Automotive Group Inc is an American automotive retailer. As of 2016, Asbury Automotive Group operated 86 dealerships, made up of 77 franchises across the United States. Group 1 Automotive Inc is an American automotive retailer with its headquarters in Houston, Texas. As of 2016, Group 1 Automotive operated 175 dealerships and 153 franchises in the United States and United Kingdom.
– Sonic Automotive Inc ($NYSE:SAH)
Sonic Automotive Inc is a company that operates in the automotive retailing industry. As of 2022, it had a market capitalization of 1.77 billion dollars and a return on equity of 32.11%. Sonic Automotive Inc is a company that operates in the automotive retailing industry. It is based in Charlotte, North Carolina, and was founded in 1997. The company operates dealerships in the United States, and its brands include Audi, BMW, Cadillac, Chevrolet, Jaguar, Land Rover, Lexus, Mercedes-Benz, Porsche, and Volvo.
– Asbury Automotive Group Inc ($NYSE:ABG)
Asbury Automotive Group Inc is one of the largest automotive retailers in the United States. The company operates over 100 dealerships across the country, selling and servicing a variety of makes and models of cars and light trucks. Asbury’s return on equity is impressive, coming in at over 31%. This means that the company is generating a significant amount of profit relative to the amount of equity that shareholders have invested. Asbury’s market cap is just over $3.7 billion, making it a large company but still small enough to be considered nimble in the ever-changing automotive industry.
– Group 1 Automotive Inc ($NYSE:GPI)
Group 1 Automotive Inc is a publicly traded automotive retailer that offers new and used vehicles, parts and services, and financing options through its dealerships. As of 2022, the company had a market capitalization of 2.6 billion dollars and a return on equity of 33.54%. Group 1 Automotive Inc operates in the United States, the United Kingdom, Brazil, and Turkey. The company was founded in 1995 and is headquartered in Houston, Texas.
Summary
Investing in Penske Automotive may be a good option for investors seeking steady, modest returns. The company has demonstrated a reliable dividend yield of around 2% over the past 3 years, providing a steady stream of returns even in volatile market conditions. By investing in Penske, investors can benefit from stable returns with lower risk.
Moreover, the company is well-established and has a strong track record in the automotive industry, adding an extra layer of security. Therefore, Penske Automotive may be a good investment choice for those who are looking for reliable and modest returns.
