Sonic Automotive's last quarterly dividend was on Dec 14, 2022 (ex-date) with a distribution of $0.28 per share. At an annualized rate of $1.03 per share, the stock yields 1.75%. The latest dividend has increased by $0.03, or 12% from the prior dividend.
Sonic Automotive's dividend yield of 1.75% is higher than the industry and its peers average but lower than the Consumer Cyclical sector average. In comparison with the Consumer Cyclical sector average of 2.24%, Sonic Automotive's dividend yield is 22% lower. Historically SAH's dividend yield has averaged at 1.3% in the last 5 years, which is lower than the current one.
Sonic Automotive has a long history of dividend payments, including the last 12 consecutive years with dividend payouts. SAH has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 124% for the last twelve months. And with the stock price up by 22% from a year ago, the dividend yield has increased by 85%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 14, 2022 | Jan 13, 2023 | Oct 27, 2022 | $0.28 | normal |
| Sep 14, 2022 | Oct 14, 2022 | Jul 28, 2022 | $0.25 | normal |
| Jun 14, 2022 | Jul 15, 2022 | Apr 28, 2022 | $0.25 | normal |
| Mar 14, 2022 | Apr 14, 2022 | $0.25 | normal | |
| Dec 14, 2021 | Jan 14, 2022 | Oct 28, 2021 | $0.12 | normal |
| Sep 14, 2021 | Oct 15, 2021 | Jul 29, 2021 | $0.12 | normal |
| Jun 14, 2021 | Jul 15, 2021 | Apr 29, 2021 | $0.12 | normal |
| Mar 12, 2021 | Apr 15, 2021 | Feb 17, 2021 | $0.1 | normal |
| Dec 14, 2020 | Jan 15, 2021 | Oct 29, 2020 | $0.1 | normal |
| Sep 14, 2020 | Oct 15, 2020 | Jul 30, 2020 | $0.1 | normal |
| Jun 12, 2020 | Jul 15, 2020 | Apr 29, 2020 | $0.1 | normal |
| Mar 12, 2020 | Apr 15, 2020 | Feb 19, 2020 | $0.1 | normal |
| Dec 12, 2019 | Jan 15, 2020 | Oct 24, 2019 | $0.1 | normal |
| Sep 12, 2019 | Oct 15, 2019 | Jul 25, 2019 | $0.1 | normal |
| Jun 13, 2019 | Jul 15, 2019 | Apr 25, 2019 | $0.1 | normal |
| Mar 14, 2019 | Apr 15, 2019 | Feb 19, 2019 | $0.1 | normal |
| Dec 13, 2018 | Jan 15, 2019 | Oct 25, 2018 | $0.06 | normal |
| Sep 13, 2018 | Oct 15, 2018 | Jul 27, 2018 | $0.06 | normal |
| Jun 14, 2018 | Jul 13, 2018 | Apr 26, 2018 | $0.06 | normal |
| Mar 14, 2018 | Apr 13, 2018 | Feb 27, 2018 | $0.06 | normal |
| Dec 14, 2017 | Jan 12, 2018 | Oct 24, 2017 | $0.05 | normal |
| Sep 14, 2017 | Oct 13, 2017 | Jul 28, 2017 | $0.05 | normal |
| Jun 13, 2017 | Jul 14, 2017 | Apr 26, 2017 | $0.05 | normal |
| Mar 13, 2017 | Apr 14, 2017 | Feb 21, 2017 | $0.05 | normal |
| Dec 13, 2016 | Jan 13, 2017 | $0.05 | normal | |
| Sep 13, 2016 | Oct 14, 2016 | Jul 25, 2016 | $0.05 | normal |
| Jun 13, 2016 | Jul 15, 2016 | $0.05 | normal |
Sonic Automotive's payout ratio of 10.9% is above the industry and its peers average but below the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 32%, Sonic Automotive's payout ratio is 66% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SAH Sonic Automotive Inc | 1.75% | $1.03 | 10.9% |
| RUSHA Rush Enterprises Inc | 1.4% | $0.8 | 12.3% |
Yes, Sonic Automotive has been paying dividends for the last 12 years.
At this point we don't have a record of SAH's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2023.
Sonic Automotive's last dividend ex-date was on Dec 14, 2022. The dividend amount was $0.28 per share.
SAH's annualized dividend per share is $1.03.
Currently Sonic Automotive's dividend yield is 1.75%.
Sonic Automotive pays dividends quarterly.
The dividend payout ratio of Sonic Automotive is 10.9%.
Sonic Automotive's dividend yield is lower than the Consumer Cyclical sector average.