{"id":812399,"date":"2025-02-12T16:41:08","date_gmt":"2025-02-12T21:41:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/"},"modified":"2025-02-12T16:41:08","modified_gmt":"2025-02-12T21:41:08","slug":"group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/","title":{"rendered":"Group 1 Automotive Board Approves Increase to 2025 Dividend Rate and Declares Quarterly Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">HOUSTON<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Feb. 12, 2025<\/span><\/span> \/PRNewswire\/ &#8212; <b><u>Group 1 Automotive, Inc.<\/u><\/b> (NYSE: GPI)\u00a0(&#8220;Group 1&#8221; or the &#8220;Company&#8221;),\u00a0a Fortune 250 automotive retailer with 258 dealerships located in the U.S. and U.K., today announced its board of directors has approved an increase in the 2025 annual dividend rate to <span class=\"xn-money\">$2.00<\/span> per share.\u00a0 This represents an increase of 6%, or <span class=\"xn-money\">$0.12<\/span>, from the 2024 annual dividend rate of <span class=\"xn-money\">$1.88<\/span> per share.\u00a0 Consistent with this increase, a <span class=\"xn-money\">$0.50<\/span> dividend per share will be payable on <span class=\"xn-chron\">March 17, 2025<\/span>, to stockholders of record as of <span class=\"xn-chron\">March 3, 2025<\/span>.<\/p>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>ABOUT GROUP 1 AUTOMOTIVE, INC.<br \/><\/u><br \/>\n          <\/i><br \/>\n        <\/b><br \/>\n        <i>Group 1 owns and operates <b>258 <\/b>automotive dealerships, <b>330 <\/b>franchises, and <b>39<\/b> collision centers in <span class=\"xn-location\">the United States<\/span> and the <span class=\"xn-location\">United Kingdom<\/span> that offer <b>35 <\/b>brands of automobiles.<\/i>\u00a0\u00a0<i>Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts.<\/i><\/p>\n<p>\n        <i>Group 1 discloses additional information about the Company, its business, and its results of operations at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4359535-1&amp;h=841081018&amp;u=https%3A%2F%2Fwww.group1corp.com%2F&amp;a=www.group1corp.com\" target=\"_blank\" rel=\"nofollow\">www.group1corp.com<\/a>, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4359535-1&amp;h=95840967&amp;u=https%3A%2F%2Fwww.group1auto.com%2F&amp;a=www.group1auto.com\" target=\"_blank\" rel=\"nofollow\">www.group1auto.com<\/a>, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4359535-1&amp;h=2111979698&amp;u=https%3A%2F%2Fwww.group1collision.com%2F&amp;a=www.group1collision.com\" target=\"_blank\" rel=\"nofollow\">www.group1collision.com<\/a>, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4359535-1&amp;h=3518890587&amp;u=https%3A%2F%2Fwww.acceleride.com%2F&amp;a=www.acceleride.com\" target=\"_blank\" rel=\"nofollow\">www.acceleride.com<\/a>, and <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4359535-1&amp;h=418005578&amp;u=http%3A%2F%2Fwww.facebook.com%2Fgroup1auto&amp;a=www.facebook.com%2Fgroup1auto\" target=\"_blank\" rel=\"nofollow\">www.facebook.com\/group1auto<\/a>.<\/i>\n      <\/p>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>FORWARD-LOOKING STATEMENTS<br \/><\/u><br \/>\n          <\/i><br \/>\n        <\/b><br \/>\n        <i>All statements in this press release related to future, not past, events are &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on our current expectations and assumptions regarding our business, the economy and other future conditions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.<\/i>\n      <\/p>\n<p>\n        <b>Investor contacts:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Terry Bratton<\/span><br \/>\n        <br \/>Manager, Investor Relations<br \/>Group 1 Automotive, Inc.<br \/><a href=\"mailto:ir@group1auto.com\" target=\"_blank\" rel=\"nofollow\">ir@group1auto.com<\/a>\u00a0<\/p>\n<p>\n        <b>Media contacts:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Pete DeLongchamps<\/span><br \/>\n        <br \/>Senior Vice President, Financial Services and Manufacturer Relations<br \/>Group 1 Automotive, Inc.<br \/><a href=\"mailto:pdelongchamps@group1auto.com\" target=\"_blank\" rel=\"nofollow\">pdelongchamps@group1auto.com<\/a><\/p>\n<p>\n        <span class=\"xn-person\">Kimberly Barta<\/span><br \/>\n        <br \/>Head of Marketing and Communications<br \/>Group 1 Automotive, Inc.<br \/><a href=\"mailto:kbarta@group1auto.com\" target=\"_blank\" rel=\"nofollow\">kbarta@group1auto.com<\/a>\u00a0<\/p>\n<p>or<\/p>\n<p>\n        <span class=\"xn-person\">Clint Woods<\/span><br \/>\n        <br \/>Pierpont Communications, Inc.<br \/>713-627-2223<br \/><a href=\"mailto:cwoods@piercom.com\" target=\"_blank\" rel=\"nofollow\">cwoods@piercom.com<\/a>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA16068&amp;sd=2025-02-12\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend-302375003.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend-302375003.html<\/a><\/p>\n<p>SOURCE  Group 1 Automotive, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA16068&amp;Transmission_Id=202502121617PR_NEWS_USPR_____DA16068&amp;DateId=20250212\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HOUSTON , Feb. 12, 2025 \/PRNewswire\/ &#8212; Group 1 Automotive, Inc. (NYSE: GPI)\u00a0(&#8220;Group 1&#8221; or the &#8220;Company&#8221;),\u00a0a Fortune 250 automotive retailer with 258 dealerships located in the U.S. and U.K., today announced its board of directors has approved an increase in the 2025 annual dividend rate to $2.00 per share.\u00a0 This represents an increase of 6%, or $0.12, from the 2024 annual dividend rate of $1.88 per share.\u00a0 Consistent with this increase, a $0.50 dividend per share will be payable on March 17, 2025, to stockholders of record as of March 3, 2025. ABOUT GROUP 1 AUTOMOTIVE, INC. Group 1 owns and operates 258 automotive dealerships, 330 franchises, and 39 collision centers in the United States and the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Group 1 Automotive Board Approves Increase to 2025 Dividend Rate and Declares Quarterly Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-812399","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Group 1 Automotive Board Approves Increase to 2025 Dividend Rate and Declares Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Group 1 Automotive Board Approves Increase to 2025 Dividend Rate and Declares Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HOUSTON , Feb. 12, 2025 \/PRNewswire\/ &#8212; Group 1 Automotive, Inc. (NYSE: GPI)\u00a0(&#8220;Group 1&#8221; or the &#8220;Company&#8221;),\u00a0a Fortune 250 automotive retailer with 258 dealerships located in the U.S. and U.K., today announced its board of directors has approved an increase in the 2025 annual dividend rate to $2.00 per share.\u00a0 This represents an increase of 6%, or $0.12, from the 2024 annual dividend rate of $1.88 per share.\u00a0 Consistent with this increase, a $0.50 dividend per share will be payable on March 17, 2025, to stockholders of record as of March 3, 2025. ABOUT GROUP 1 AUTOMOTIVE, INC. 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(NYSE: GPI)\u00a0(&#8220;Group 1&#8221; or the &#8220;Company&#8221;),\u00a0a Fortune 250 automotive retailer with 258 dealerships located in the U.S. and U.K., today announced its board of directors has approved an increase in the 2025 annual dividend rate to $2.00 per share.\u00a0 This represents an increase of 6%, or $0.12, from the 2024 annual dividend rate of $1.88 per share.\u00a0 Consistent with this increase, a $0.50 dividend per share will be payable on March 17, 2025, to stockholders of record as of March 3, 2025. ABOUT GROUP 1 AUTOMOTIVE, INC. Group 1 owns and operates 258 automotive dealerships, 330 franchises, and 39 collision centers in the United States and the &hellip; Continue reading \"Group 1 Automotive Board Approves Increase to 2025 Dividend Rate and Declares Quarterly Dividend\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-12T21:41:08+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA16068&amp;sd=2025-02-12","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Group 1 Automotive Board Approves Increase to 2025 Dividend Rate and Declares Quarterly Dividend","datePublished":"2025-02-12T21:41:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/"},"wordCount":462,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA16068&amp;sd=2025-02-12","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-board-approves-increase-to-2025-dividend-rate-and-declares-quarterly-dividend\/","name":"Group 1 Automotive Board Approves Increase to 2025 Dividend Rate and Declares Quarterly Dividend - 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