Group 1 Automotive, Inc. (NYSE: GPI) has announced an increase in its 2026 annual dividend rate to $2.20 per share, marking a 10% rise from the 2025 annual dividend rate of $2.00 per share. This increase has been approved by the company's board of directors.
In addition, a quarterly dividend of $0.55 per share will be payable on March 16, 2026, to stockholders of record as of March 2, 2026. This represents an opportunity for shareholders to benefit from the increased dividend rate.
Group 1 Automotive, Inc. is a Fortune 250 automotive retailer with 257 dealerships located in the U.S. and U.K., offering 36 brands of automobiles. The company also operates 318 franchises and 32 collision centers in these regions.
Investors and analysts will be keeping a close eye on the impact of this dividend increase on the company's financial performance and its ability to generate shareholder value. Today the company's shares have moved -0.51% to a price of $395.06. Check out the company's full 8-K submission here.
