Sonic Automotive Inc. (SAH) Plans Quarterly Dividend of $0.03
Sonic Automotive (NYSE:SAH) declared a quarterly dividend on Wednesday, February 19th, Stock Ratings News reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.025 per share on Tuesday, April 15th. This represents a $0.10 dividend on an annualized basis and a yield of 0.45%.
Sonic Automotive (NYSE:SAH) opened at 22.13 on Wednesday. Sonic Automotive has a 52 week low of $19.77 and a 52 week high of $24.89. The stock’s 50-day moving average is $22.64 and its 200-day moving average is $23.15. The company has a market cap of $1.166 billion and a P/E ratio of 14.09.
Sonic Automotive (NYSE:SAH) last issued its quarterly earnings data on Friday, February 28th. The company reported $0.67 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.59 by $0.08. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.37 billion. On average, analysts predict that Sonic Automotive will post $1.96 earnings per share for the current fiscal year.
Sonic Automotive, Inc (NYSE:SAH) is engaged in automotive retailing in the United States.
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