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Lithia to pay quarterly dividend

Lithia Motors Inc. will pay a dividend of 14 cents per share for the second quarter of 2008, the company recently announced.

The Medford, Ore.-based company that owns 110 auto stores in 15 states will pay the dividend July 29 to shareholders of record on July 15.

-- Pratik Joshi: 582-1541; pjoshi@tricityherald.com; Business Beat blog at www.tricityherald.com

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