Sonic Corp (SONC) Declares $0.14 Quarterly Dividend; 2.3% Yield
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Sonic Declares Quarterly Dividend
April 20, 2017 5:55 PM EDTOKLAHOMA 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 $0.14 per share of common stock to be paid to shareholders of record as of the close of business on May 10, 2017, with a payment date of May 19, 2017. In addition to the dividend, the company has a share repurchase authorization for up to $173 million of its common stock through August 31, 2017.
Future declaration of quarterly dividends and the establishment of future record and payment dates are... More
