DIVIDEND ANNOUNCEMENT: Lithia Motors Inc (NYSE:LAD) on 04/24/2024 declared a dividend of $0.5300 per share

Lithia Motors Inc (NYSE:LAD) on 04/24/2024 declared a dividend of $ 0.5300 per share payable on May 24, 2024 to shareholders of record as of May 10, 2024. Dividend amount recorded is an increase of $ 0.03 from last dividend Paid.

Lithia Motors Inc (NYSE:LAD) has paid dividends since 2003, has a current dividend yield of 0.7561722994% and has increased its dividends for 10 successive years.

Lithia Motors Inc's market cap is $ 7,281,674,190 and has a PE ratio of 7.29. The stock price closed yesterday at $ 264.49 and has a 52 week low/high of $ 206.69 and $ 331.96.

Lithia Motors is an automotive retailer. Co. has two segments: Vehicle Operations and Financing Operations. The Vehicle Operations segment includes Co.'s retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. The Financing Operations provides loans and leases to consumers across the credit spectrum for both new and used vehicles through two entities, Driveway Finance Corporation and Pfaff Leasing. DFC is a captive lender, originating loans only from stores. Pfaff Leasing originates loans and leases from Co.'s Canadian stores and third-party dealerships.

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