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Good morning.
We’re ending the week on a high note with three new dividend raises, two of which are double-digit hikes.
Let’s kick things off with an impressive 25% increase.
United Fire Group, Inc. ($UFCS) Raises Dividend By 25%
Headquartered in Cedar Rapids, Iowa, United Fire Group, Inc. provides property and casualty insurance for individuals and businesses in the United States. The firm’s policies are sold through 850 independent agencies across all 50 states.
United Fire Group has paid a quarterly dividend every quarter since 1968, and this week the company announced a 25% dividend increase.
United Fire Group, Inc. will now pay a $0.20/share quarterly dividend.
Ex-dividend date: 2/24/26
Payout date: 3/10/26
Forward starting dividend yield: 2.21%
Group 1 Automotive, Inc. ($GPI) Raises Dividend By 10%
Group 1 Automotive, Inc. owns and operates car dealerships throughout the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts. Group 1 also offers service and insurance contracts, as well as financing options.
Recently, Group 1 announced a 10% dividend increase.
Group 1 Automotive, Inc. will now pay a $0.55/share quarterly dividend.
Ex-dividend date: 3/2/26
Payout date: 3/16/26
Forward starting dividend yield: 0.65%
Penske Automotive Group, Inc. ($PAG) Raises Dividend By 1.4%
Penske Automotive Group, Inc. operates automotive and commercial truck dealerships around the world. The company sells everything from Fords and Toyotas to Ferraris and Bugattis.
The company also has an interesting dividend policy, increasing its payout every quarter.
Earlier this week, Penske announced its 21st consecutive quarterly increase — a 1.4% dividend raise.
Penske Automotive Group, Inc. will now pay a $1.40/share quarterly dividend.
Ex-dividend date: 2/25/26
Payout date: 3/5/26
Forward starting dividend yield: 3.41%
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Disclaimer: This article is for entertainment purposes only. It is not financial advice, always do your own research.
