Sonic Corp (SONC) Declares $0.16 Quarterly Dividend; 2.5% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. DOX
5. CRWD
6. CHKP
7. ON
8. HNGE
9. INSP
10. SPY

Go back to Sonic Corp (SONC) Declares $0.16 Quarterly Dividend; 2.5% Yield

Sonic Declares Quarterly Dividend

October 26, 2017 4:05 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 $0.16 per share of common stock to be paid to shareholders of record as of the close of business on November 8, 2017, with a payment date of November 17, 2017. In addition to the dividend, the company has a share repurchase authorization for up to $160 million of its common stock through August 31, 2018.

Future declaration of quarterly dividends and the establishment of future record and payment dates... More