Every Little Bit Helps: PAG Boosts Quarterly Dividend to 33c Per Share.

Penske Automotive Group, Inc. (NYSE: PAG) today announced that it is increasing its quarterly dividend to 33c per share from 32c per share. This equates to a 3% qoq increase.

While “small” when considered in isolation, the most recent quarterly dividend increase is actually the Company’s 26th such consecutive quarterly dividend bump.

See here for why I believe PAG is a solid long-term hold for dividend investors:

Kicking The Tires On A New Car…And On A New Investment.

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Toromont Industries Ltd. Bulks Up With Hewitt Group Buy.

Major Canadian Caterpillar dealer Toromont Industries Ltd (TSE: TIH CN) recently announced a deal to acquire Hewitt Group, a large Caterpillar dealer with 45 branches across Eastern Canada and approximately 2,000 employees. The deal was very well received by investors, who sent TIH stock up nearly 5% when the deal was announced on August 28.

You can read the announcement here:

https://www.toromont.com/newsdetails.asp?ReleaseID=1038349

You can click the link below to see my write up on TIH and why I believe it is an attractive investment for the long-term investor:

Heavy Duty Success: Toromont Industries Ltd.

 

 

 

Toromont Industries Ltd. Announces 2016 Earnings and Increases Quarterly Dividend :):)

Toromont Industries Limited today announced it is increasing its quarterly dividend 6% to CAD$0.19 per share, and this represents the 28th consecutive year of dividend increases for the company.

See below link for news on 2016 financial performance and dividend announcement:

https://www.toromont.com/newsdetails.asp?ReleaseID=1010626

See below my rationale for investing in Toromont Industries Ltd.:

Heavy Duty Success: Toromont Industries Ltd.