SmarterDividends
PAG

Penske Automotive Group, Inc.

PAG

Consumer Cyclical · Auto & Truck Dealerships · Stock · quarterly payer

$212.42

Overvalued · -55% Add to Portfolio

Forward Yield

2.75%

Annual Dividend

$5.84

Payout Ratio

39%

5-Yr Growth

25.3%

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about PAG's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Penske Automotive Group, Inc. (PAG) has a forward dividend yield of 2.75%, based on an annual dividend of $5.84 per share and a share price of $212.42.
  • As of Oct 18, 2026, PAG's dividend safety grade from SmarterDividends is B (69 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Penske Automotive Group, Inc. (PAG) has raised its dividend for 14 consecutive years as of Oct 18, 2026.
  • PAG last cut its regular dividend in 2011.
  • PAG's next ex-dividend date is Nov 13, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, PAG pays out 39% of its trailing 12-month earnings as dividends (its payout ratio).
  • PAG's dividend has grown at an average rate of 25.3% a year over the past five years.
  • As of Oct 18, 2026, PAG's 2.75% yield is 19% above its five-year average yield of 2.31%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PAG is $94.89 per share, 55% below the $212.42 share price, so PAG screens as overvalued.
  • Penske Automotive Group, Inc. (PAG) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "PAG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PAG

Summary

As of Oct 18, 2026, Penske Automotive Group, Inc. (PAG) yields 2.75% ($5.84 a year per share), has a dividend safety grade of B (69/100) and has 14 consecutive years of dividend increases on record.

Is PAG a good dividend stock?

Yes, with caveats

Penske Automotive Group, Inc. (PAG) pays a quarterly dividend yielding 2.75% ($5.84/yr), with 14 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 14 consecutive years of dividend growth
  • Comfortable payout ratio (39%)
  • Strong 25.3% 5-yr dividend growth
  • 113% total price return over 5 years

Risks

  • Cut its dividend in 2011

Key Data

Dividend Yield
2.75%
Payout Ratio
39%
Annual Dividend
$5.84
5-Yr Avg Growth
25.3%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
14
Frequency
quarterly
Beta
0.91
Market Cap
$13.9B
P/E Ratio
14.9
5-Yr Total Return
113%
52-Week Range
$140.12 – $227.00
Dividend Safety
B · 69/100
Ever Cut?
Yes (2011)

PAG dividend changes

Penske Automotive Group, Inc. (PAG) pays a variable dividend: across the 81 payments on record since 2003, 62 were higher than the one before and 0 lower. The latest change was up 1.4% to $1.44 per share, going ex-dividend on Aug 14, 2026.

Ex-dateChangeOld → newMove
Aug 14, 2026Higher$1.42 → $1.44+1.4%
May 26, 2026Higher$1.40 → $1.42+1.4%
Feb 25, 2026Higher$1.38 → $1.40+1.4%
Nov 14, 2025Higher$1.32 → $1.38+4.5%
Aug 15, 2025Higher$1.26 → $1.32+4.8%
May 27, 2025Higher$1.22 → $1.26+3.3%
Feb 24, 2025Higher$1.19 → $1.22+2.5%
Nov 15, 2024Higher$1.07 → $1.19+11.2%
Aug 15, 2024Higher$0.960 → $1.07+11.5%
May 17, 2024Higher$0.870 → $0.960+10.3%
Feb 14, 2024Higher$0.790 → $0.870+10.1%
Nov 9, 2023Higher$0.720 → $0.790+9.7%
Every PAG payment →Download every raise and cut (CSV)
PAG ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →PAG dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is PAG a good dividend stock?

Yes, with caveats. Penske Automotive Group, Inc. (PAG) pays a quarterly dividend yielding 2.75% ($5.84/yr), with 14 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is PAG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PAG's fair value is about $94.89 versus a $212.42 share price — so it looks overvalued (-55% vs. fair value).

Is PAG's dividend safe?

PAG has a dividend-safety grade of B (69/100), based on its payout coverage, free-cash-flow, 14-year growth streak, a dividend cut in 2011, debt and yield-versus-history.

What is PAG's fair value?

Our blended fair-value estimate for PAG is about $94.89 per share, about 55% below the current $212.42 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PAG a buy, hold, or sell?

We don't issue formal ratings, but on the data PAG screens as "yes, with caveats" and overvalued. Penske Automotive Group, Inc. (PAG) pays a quarterly dividend yielding 2.75% ($5.84/yr), with 14 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will PAG cut its dividend?

PAG earns a dividend-safety grade of B (69/100), and has cut its dividend before (last in 2011). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PAG pay a dividend?

Yes. Penske Automotive Group, Inc. pays a quarterly dividend of about $5.84 per share annually, a forward yield of roughly 2.75%.

What is PAG's dividend yield?

As of Oct 18, 2026, PAG's forward dividend yield is 2.75%, based on a $5.84 annual dividend and a $212.42 share price.

What is PAG's dividend per share?

As of Oct 18, 2026, PAG pays $5.84 per share per year, distributed on a quarterly basis.

What is PAG's dividend payout ratio?

As of Oct 18, 2026, PAG's payout ratio is 39% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has PAG grown its dividend?

As of Oct 18, 2026, PAG has increased its dividend for 14 consecutive years.

When is the next PAG ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for PAG is Nov 13, 2026.

PAG Dividend News

PAG
IncreasePAG·Aug 25, 2026

Penske Automotive Raises Dividend 1.4% to $1.44

Penske Automotive lifted its quarterly dividend 1.4% to $1.44, extending a 14-year growth streak with a 40% payout and 2.75% forward yield.

PAG
IncreasePAG·Jun 10, 2026

Penske Automotive Raises Dividend 1.4% to $1.42

Penske Automotive lifted its quarterly dividend to $1.42, extending a 14-year growth streak while earnings coverage and valuation remain in focus.

Income Calculator

At $5.84 / yr per share

Per payment (quarterly)$146.00
Annual$584.00
Monthly avg$48.67

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