Why Lithia Stock Surged Today
The world's largest auto retailer raised its dividend by 23%.
Overview
Shares of Lithia Motors (NYSE: LAD) popped on Wednesday after the automotive retailer boosted its cash payout to investors.
Image source: Getty Images.
Lithia's revenue rose 2% year over year to $9.8 billion in the second quarter.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.