Sonic Corp (SONC) Raises Quarterly Dividend 22.2% to $0.11; 1.7% Yield

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Go back to Sonic Corp (SONC) Raises Quarterly Dividend 22.2% to $0.11; 1.7% Yield

Sonic Declares Quarterly Dividend

October 15, 2015 4:01 PM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- Sonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, today announced that its Board of Directors declared a quarterly cash dividend of $0.11 per share of common stock to be paid to shareholders of record as of the close of business on November 11, 2015, with a payment date of November 20, 2015. This represents a 22% increase from the prior quarterly dividend of $0.09 per share.

Future declaration of quarterly dividends and the... More