Penske Automotive Group Stock To Go Ex-dividend Tomorrow (PAG)

NEW YORK ( TheStreet) -- The ex-dividend date for Penske Automotive Group (NYSE: PAG) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $24.38 as of 11:45 a.m. ET, the dividend yield is 1.7%.

The average volume for Penske Automotive Group has been 482,100 shares per day over the past 30 days. Penske Automotive Group has a market cap of $1.99 billion and is part of the services sector and specialty retail industry. Shares are up 25.1% year to date as of the close of trading on Monday.

Penske Automotive Group, Inc. operates as an automotive retailer in the United States, Puerto Rico, the United Kingdom, and Germany. The company has a P/E ratio of 14.1, above the average specialty retail industry P/E ratio of 12.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Penske Automotive Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Penske Automotive Group Ratings Report.

See our dividend calendar or top-yielding stocks list.

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