Asbury Automotive Group, Inc. (ABG)
Asbury Automotive Group, Inc. (ABG) is a leading automotive retailer in the United States, specializing in the sale of new and used vehicles, as well as vehicle service and parts. Founded in 1995 and headquartered in Georgia, the company operates a network of dealerships across multiple states, representing various automotive brands. Asbury focuses on providing comprehensive automotive services, including financing, insurance, and maintenance, to deliver a complete car ownership experience.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 22, 2008 | $0.23 | 2008-07-30 | 2008-08-01 |
| June 16, 2008 | $0.23 | 2008-05-15 | 2008-05-19 |
| February 29, 2008 | $0.23 | 2008-02-06 | 2008-02-08 |
| November 19, 2007 | $0.23 | 2007-11-01 | 2007-11-05 |
| August 20, 2007 | $0.23 | 2007-08-02 | 2007-08-06 |
Dividends Summary
- Asbury Automotive Group, Inc. has issued 9 dividend payments over the past 2 years
- The most recent dividend was paid 6270 days ago, on August 22, 2008
- The highest dividend payed out to investors during this period was $0.23 per share
- The average dividend paid during this period was $0.21 per share.
Company News
Asbury Automotive Group (ABG) is acquiring The Herb Chambers Companies for $1.34 billion, adding 33 dealerships and $2.9 billion in revenue. The deal is expected to close in late Q2 2025 and will be funded through credit, mortgage, and cash.
CDK cyberattack results in operational chaos in the auto retail industry, forcing dealerships into manual mode and sparking industry-wide cybersecurity reassessments.
Asbury Automotive is increasing run-rate earnings while enjoying a still-favorable margin environment. Learn why ABG stock is a Buy.
Robert Stimpson of Oak Associates Funds has tips for investors on what to look for if they want to invest in tech companies with staying power.
ABG earnings call for the period ending June 30, 2022.
