Lithia & Driveway Raises Qtrly Dividend By 23% To $0.70/Share ($0.57 Prior)
Benzinga Newsdesk 3 months ago
DividendsTrading Ideas
Dividend Payment and Share RepurchasesThe Board of Directors approved a dividend of $0.70 per share related to second quarter 2026 financial results. The dividend is expected to be paid on August 21, 2026 to
Dividend Payment and Share Repurchases
The Board of Directors approved a dividend of $0.70 per share related to second quarter 2026 financial results. The dividend is expected to be paid on August 21, 2026 to shareholders of record on August 7, 2026.
During the second quarter of 2026, we repurchased approximately 854,000 shares at a weighted average price of $284. Under the current share repurchase authorization approximately $620 million remains available as of June 30, 2026.