DIVIDEND ANNOUNCEMENT: Lithia Motors Inc (NYSE:LAD) on 02/15/2023 declared a dividend of $0.4200 per share

Lithia Motors Inc (NYSE:LAD) on 02/15/2023 declared a dividend of $ 0.4200 per share payable on March 24, 2023 to shareholders of record as of March 10, 2023.

Lithia Motors Inc (NYSE:LAD) has paid dividends since 2003, has a current dividend yield of 0.5972271562% and has increased its dividends for 9 successive years.

Lithia Motors Inc's market cap is $ 7,690,179,400 and has a PE ratio of 6.29. The stock price closed yesterday at $ 281.30 and has a 52 week low/high of $ 180.00 and $ 349.61.

Lithia Motors is an automotive retailer. Co. has three reportable segments: Domestic, Import and Luxury. Co.'s Domestic segment is comprised of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors and Ford. Co.'s Import segment is comprised of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, Subaru, Nissan, Hyundai, Volkswagen, Kia, and Mazda. Co.'s Luxury segment is comprised of retail automotive franchises that sell new vehicles manufactured by BMW, Mercedes-Benz and Lexus. The franchises in each segment also sell used vehicles, parts and automotive services, and automotive finance and insurance products.

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