Dividend Announcements

Penske Automotive hikes cash dividend again

11:54 am U.S. ET | July 16, 2014
Penske Automotive Group raised its quarterly cash dividend to 20 cents per share from 19 cents....
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Toyota's $40 billion cash pile draws calls for new plants, higher dividends

2:20 pm U.S. ET | Feb. 3, 2014
Toyota President Akio Toyoda, whose company has accumulated a cash pile of almost $40 billion, is facing calls to put that money to better use. The world's largest carmaker is seeing profits surge as the yen weakens and demand rises in the United States and China. The company will probably report on Tuesday net income quadrupled to 434.3 billion yen ($4.3 billion) last quarter, according to a Bloomberg survey of analysts....
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GM to pay first dividend in 6 years

5:10 pm U.S. ET | Jan. 14, 2014
General Motors will pay the first quarterly dividend on its common stock in almost six years, marking another step in the recovery from its 2009 bankruptcy. Separately, GM named Chuck Stevens as CFO to replace Dan Ammann, who became the automaker's president Wednesday....
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Ford lifts dividend 25% to 12.5 cents a share

8:21 am U.S. ET | Jan. 9, 2014
Ford boosted its quarterly dividend for common and Class B stock by 25 percent to 12.5 cents a share. A year ago, the payout doubled to 10 cents a share....
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Track, tech events draw crowds to Hoffman stores

Track, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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