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Lithia & Driveway Raises Quarterly Dividend 7% To $0.75 Per Share, Payable November 20, 2026

Benzinga Newsdesk

Dividend Payment and Share RepurchasesThe Board of Directors approved a dividend of $0.75 per share related to third quarter 2026 financial results. The dividend is expected to be paid on November 20, 2026 to

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  3. The Motley Fool Team

    Lithia: 3 Key Takeaways for Long-Term Investors

    Lithia Motors reported Q3 2026 earnings with adjusted diluted EPS of $10.34 on $10 billion revenue. The company is leveraging AI-driven dynamic pricing to boost used vehicle profitability (13% YoY growth), expanding its captive financing arm Driveway Finance Corporation ($32M income, 22% receivables growth), and implementing AI automation to reduce SG&A expenses toward a 60% target. Management maintains disciplined capital allocation with net leverage at 3.1x, targeting selective acquisitions above 15% hurdle rates.

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  5. SEC EDGAR

    8-K filing — LITHIA MOTORS INC (LAD)

    Filed: 2026-10-21 AccNo: 0001023128-26-000057 Size: 3 MB Item 2.02: Results of Operations and Financial Condition Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits

    LAD