Group 1 Automotive raises quarterly dividend to 23 cents a share versus 22 cents

Group 1 Automotive Inc. said Wednesday it is raising its quarterly dividend to 23 cents a share from 22 cents a share. The operator of car dealerships in the U.S., UK and Brazil said the new dividend will be payable June 15 to shareholders of record as of June 1. Shares were not yet active in premarket trade, but are down 20% in the year so far, while the S&P 500 has gained 0.2%.

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