Penske Automotive Group announced a quarterly dividend of $1.46 per share, boosting the annual payout to $5.84 and setting December 1, 2026 as the payment date with record date November 13, 2026. The move signals strong cash flow and financial flexibility, supporting income demand. Separately, discussions of a possible Penske-Mitsui take-private add near-term volatility contingent on deal progress and terms.