DividendAug 11, 2026, 05:02 PM
Group 1 Automotive Declares $0.55 Quarterly Dividend; Appoints New Director
AI Summary
Group 1 Automotive announced that its Board of Directors declared a quarterly cash dividend of $0.55 per share, payable on September 15, 2026, to stockholders of record as of September 1, 2026. This dividend is consistent with the company's previously announced 10% increase in its annualized dividend rate. Additionally, the company appointed David C. Kimbell to its Board of Directors, expanding the board to ten members, and he will serve on the Audit Committee.
Key Highlights
- Board declared a quarterly cash dividend of $0.55 per share.
- Dividend is payable on September 15, 2026.
- Record date for the dividend is September 1, 2026.
- Annualized dividend rate increased by 10% from $2.00 in 2025 to $2.20 in 2026.
- David C. Kimbell appointed to the Board of Directors, expanding it to ten members.
- Mr. Kimbell will serve on the Board's Audit Committee.
- Mr. Kimbell received a pro-rata restricted stock unit award valued at $88,657.
Price Impact
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