Sonic Automotive, Inc. (NYSE:SAH) Shares Will Pay Quarterly Dividend of $0.41

Sonic Automotive, Inc. (NYSE:SAH) announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Tuesday, December 15th will be given a dividend of $0.41 per share on Friday, January 15th. This represents a $1.64 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, December 15th.

Sonic Automotive has raised its dividend payment by an average of 0.3% annually over the last three years and has increased its dividend annually for the last 4 consecutive years. Sonic Automotive has a dividend payout ratio of 23.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Sonic Automotive to earn $7.07 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 23.2%.

Sonic Automotive Price Performance

Shares of SAH opened at $63.48 on Friday. The firm has a market capitalization of $2.01 billion, a PE ratio of 10.12, a price-to-earnings-growth ratio of 1.20 and a beta of 0.92. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.01 and a quick ratio of 0.25. Sonic Automotive has a 1-year low of $54.11 and a 1-year high of $113.67. The company’s fifty day moving average price is $68.13 and its 200-day moving average price is $73.09.

Sonic Automotive (NYSE:SAH) last issued its earnings results on Thursday, October 29th. The company reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.66 by ($0.36). Sonic Automotive had a return on equity of 20.75% and a net margin of 1.37%. The firm had revenue of $3.99 billion during the quarter, compared to analysts’ expectations of $4.03 billion. During the same quarter last year, the business earned $1.41 EPS. The business’s revenue was up .4% on a year-over-year basis. On average, equities research analysts predict that Sonic Automotive will post 6.71 EPS for the current year.

More Sonic Automotive News

Here are the key news stories impacting Sonic Automotive this week:

• Positive Sentiment: Sonic Automotive declared a quarterly dividend of $0.41 per share, payable January 15, 2027, to shareholders of record on December 15. The annualized dividend is $1.64 per share, representing an approximately 2.6% yield and signaling continued shareholder returns. Dividend announcement
• Neutral Sentiment: Third-quarter revenue was $3.99 billion, up just 0.4% year over year but slightly below the $4.03 billion analyst consensus. Investors may view the limited growth as evidence of a challenging automotive retail environment. Third-quarter earnings results
• Negative Sentiment: Adjusted earnings came in at $1.30 per share, missing the $1.66 consensus estimate by $0.36 and declining from $1.41 in the prior-year quarter. The larger-than-expected earnings miss is the main reason the stock has decreased and prompted reports highlighting the post-earnings decline. Q3 earnings miss
• Negative Sentiment: Profitability remains relatively thin, with a reported 1.37% net margin. Combined with revenue growth of less than 1% and the earnings decline, this may reinforce concerns about margin pressure and near-term operating performance. Shares fall after Q3 miss

About Sonic Automotive

Sonic Automotive, Inc is a U.S.-based automotive retailer headquartered in Charlotte, North Carolina. The company operates franchised dealerships that sell new and pre-owned vehicles from a range of automobile manufacturers, along with related automotive products and services.

Its dealership operations provide vehicle financing and insurance products, maintenance and repair services, replacement parts, and collision-repair services. Sonic Automotive also operates EchoPark Automotive, a used-vehicle business focused on offering pre-owned vehicles and related finance and service products through dedicated retail locations.

Founded in 1997 by automotive entrepreneur O.