Sonic Automotive Inc. (SAH) Raises Quarterly Dividend 50% to $0.0375; 0.7% Yield

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Go back to Sonic Automotive Inc. (SAH) Raises Quarterly Dividend 50% to $0.0375; 0.7% Yield

Sonic Automotive, Inc. Increases Quarterly Cash Dividend

October 28, 2015 7:31 AM EDT

CHARLOTTE, N.C., Oct. 28, 2015 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), a leader in automotive retailing, today announced that its Board of Directors approved a quarterly dividend of $0.0375 per share payable in cash for stockholders of record on December 15, 2015.  The dividend will be payable on January 15, 2016.  B. Scott Smith,... More

Sonic Automotive, Inc. Reports Record Earnings

October 28, 2015 7:30 AM EDT

CHARLOTTE, N.C., Oct. 28, 2015 /PRNewswire/ --

Third Quarter 2015 Results

Record third quarter net income from continuing operations of $27.1 million, up $3.1 million, or 12.7% from the prior year period quarterly adjusted amount of $24.0 million All-time record quarterly new retail sales of 36,891 units, up 1.6% over the prior year quarter All-time record quarterly pre-owned retail sales of 30,467 units, up 10.6% over the prior year quarter retailed 100 pre-owned units per store per month in the quarter All-time record quarterly pre-owned gross profit of $41.7 million, up 1.2% over the prior year quarter Record third... More