CHICAGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock, payable on November 30, 2023, to stockholders of record at the close of business on November 16, 2023. This reflects a 9% increase over the prior quarterly dividend of $0.275 and is the Company's second consecutive year of increased cash dividends paid to stockholders since its inaugural cash dividend paid on December 21, 2021.
Dominick Zarcone, President and Chief Executive Officer, commented that, "The increase in our annual dividend from $1.10 to $1.20 per share reflects the Board's ongoing confidence in our ability to generate robust free cash flow and drive long-term value for our stockholders."
About LKQ Corporation
LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and ...