Group 1 Automotive announces cash dividend of $0.30 per share for Q3 2020

Group 1 Automotive, Inc. has recently declared a cash dividend of $0.30 per share for the third quarter of 2020.
Group 1 Automotive, Inc. has recently declared a cash dividend of $0.30 per share for the third quarter of 2020. | Pixabay

Group 1 Automotive, Inc. has recently declared a cash dividend of $0.30 per share for the third quarter of 2020.

The dividend will be payable on Tuesday, Dec. 15, to stockholders of record as of Dec. 1.

The company conducted its third-quarter 2020 earnings conference call in October in which they also announced a new $200 million share repurchase program and reported a total gross profit increase of 10.0%, to $512.0 million.

Investors are encouraged to visit www.group1corp.com, www.group1auto.com, www.group1collision.com, www.facebook.com/group1auto and www.twitter.com/group1auto, where Group 1 discloses further information about its business.

Group 1 Automotive, Inc.’s press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on its current expectations and assumptions regarding its business, the economy and other future conditions including statements related to its goals, plans and business strategy to repurchase shares of Group 1 common stock and expectations regarding the reinstatement of its quarterly dividend, according to PR Newswire.