Group 1 Automotive Board Declares Quarterly Dividend

Rhea-AI Summary

Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has declared a quarterly dividend of $0.50 per share, payable on June 16, 2025, to stockholders of record as of June 2, 2025. This dividend reflects the company's previously announced 6% increase in its annualized dividend rate from $1.88 per share in 2024 to $2.00 per share in 2025.

Group 1 operates 260 automotive dealerships, 332 franchises, and 39 collision centers across the United States and United Kingdom. The company offers 35 automobile brands and provides services including new and used vehicle sales, vehicle financing, service contracts, maintenance, repairs, and parts sales through its dealerships and omni-channel platform.

Positive

• 6% increase in annual dividend rate from $1.88 to $2.00 per share
• Extensive operational network with 260 dealerships and 332 franchises across US and UK
• Diversified revenue streams including vehicle sales, financing, service, and parts

Negative

• None.

HOUSTON, May 13, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors declared a quarterly dividend of $0.50 per share.  The dividend is consistent with the Company's previously announced increase of 6% in its annualized dividend rate from $1.88 per share in 2024 to $2.00 per share in 2025.

The dividend is payable on June 16, 2025 to stockholders of record as of June 2, 2025.

ABOUT GROUP 1 AUTOMOTIVE, INC.
Group 1 owns and operates 260 automotive dealerships, 332 franchises, and 39 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles.  Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts.

Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, and www.facebook.com/group1auto.

FORWARD-LOOKING STATEMENTS
All statements in this press release related to future, not past, events are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on our current expectations and assumptions regarding our business, the economy and other future conditions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

Investor contacts:
Terry Bratton
Manager, Investor Relations
Group 1 Automotive, Inc.
ir@group1auto.com 

Media contacts:
Pete DeLongchamps
Senior Vice President, Financial Services and Manufacturer Relations
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com

Kimberly Barta
Head of Marketing and Communications
Group 1 Automotive, Inc.
kbarta@group1auto.com 

or

Jude Gorman / Clayton Erwin
Collected Strategies
Group1-CS@collectedstrategies.com

View original content:https://www.prnewswire.com/news-releases/group-1-automotive-board-declares-quarterly-dividend-302454500.html

SOURCE Group 1 Automotive, Inc.

FAQ

What is Group 1 Automotive's (GPI) quarterly dividend payment for 2025?

Group 1 Automotive's quarterly dividend payment is $0.50 per share, payable on June 16, 2025, to stockholders of record as of June 2, 2025.

How much did Group 1 Automotive (GPI) increase its annual dividend in 2025?

Group 1 Automotive increased its annualized dividend rate by 6%, from $1.88 per share in 2024 to $2.00 per share in 2025.

How many dealerships does Group 1 Automotive (GPI) operate in 2025?

Group 1 Automotive operates 260 automotive dealerships, along with 332 franchises and 39 collision centers across the United States and United Kingdom.

What is the ex-dividend date for Group 1 Automotive's (GPI) Q2 2025 dividend?

Stockholders must be on record by June 2, 2025, to receive the quarterly dividend payment scheduled for June 16, 2025.