Penske Automotive Group (PAG) recently announced a 2.4% increase in their quarterly dividend from 42 cents per share to 43 cents per share. This would equal $1.72 per share for the year assuming their dividend does not change any further. I consider this a really good sign coming from them considering this will only beContinue reading “Penske Raises Dividend 2.4%”
Tag Archives: PAG
Upside to a Recession
There are a few ways that a good company can do to take advantage of a recession. One of the things that are sometimes done to try and boost the economy is for interest rates to be lowered making it easier for companies (and people) to borrow money. Rather than borrowing to go into moreContinue reading “Upside to a Recession”
Up 31% In the Last Month
Penske Automotive Groups (PAG) stock has risen 31% in the last month mostly from July 13th to 16th and has managed to hold that strength right up to the end of market today. There are several reasons for this, the main one being that Penske was able to beat analyst estimates of their quarterly earningsContinue reading “Up 31% In the Last Month”
Outsider Trading 