Shares of Lithia Motors (LAD +1.12%) popped on Wednesday after the automotive retailer boosted its cash payout to investors. Higher profits fuel larger dividends and buybacksLithia's revenue rose 2% year over year to $9.8 billion in the second quarter. Expand NYSE : LAD Lithia Motors Today's Change ( 1.12 %) $ 4.21 Current Price $ 379.84 Key Data Points Market Cap $8.4B Market cap calculated using publicly traded shares outstanding only. Lithia repurchased 3.7% of its outstanding shares in the second quarter and 7.6% in the first half of 2026. Investors, in turn, rewarded Lithia for raising its quarterly dividend by 23%, to $0.70 per share, by bidding up its stock price.