Snap-On Incorporated (NYSE:SNA) Boosts Quarterly Dividend 16.4%!

SNA investors were handsomely rewarded with news of a 16.4% increase in its quarterly dividend to $0.71 per share. You can read the release below:

https://www1.snapon.com/display/233/Q42016DividendIncreaseFinal.pdf

You can check out my original post on why I believe SNA would make an excellent investment for the long-term investor:

Oh Snap! Snap-On Incorporated Looks Appealing.

 

Penske Automotive Group Increases Quarterly Dividend 3.6%.

Automobile retailer Penske Automotive Group (NYSE: PAG) announced a U.S. 1 cent increase in its quarterly dividend to U.S. 29 cents per share today. Today’s dividend increase follows similar increases announced in January, May, and July of this year, and amounts to a total increase over the final quarterly 2015 dividend of an impressive 16%.

You can read the announcement here:

http://investors.penskeautomotive.com/phoenix.zhtml?c=82644&p=irol-newsArticle&ID=2212893