Speaking of the folks bringing Smart to the United States (UnitedAuto Group.) Last month in one of my “data dumps” I said that UnitedAuto Group pays a quarterly dividend of $0.28. 

It is actually $0.07 a quarter, which works out to $0.28 a year (the number used to compute the dividend yield I showed.) 

Also, on July 2, 2007, UnitedAuto Group will change its name to Penske Automotive Group.

Have a great weekend.

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Related Companies: Penske Automotive Group (formerly UnitedAuto)