Sonic Automotive (NYSE: SAH) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. This is a 33.3% increase from the prior dividend of $0.0375.

The dividend will be payable on April 15, 2016, to stockholders of record on March 15, 2016, with an ex-dividend date of March 11, 2016.

The annual yield on the dividend is 1.2 percent.

For a dividend history and other dividend-related data on Sonic Automotive (SAH) click here.