Sonic Corp (SONC) Declares $0.16 Quarterly Dividend; 1.8% Yield
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Sonic Declares Quarterly Dividend
July 12, 2018 11:18 AM 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 $0.16 per share of common stock to be paid to shareholders of record as of the close of business on August 8, 2018, with a payment date of August 17, 2018. In addition to the dividend, the company has a share repurchase authorization for up to $500 million of its common stock through August 31, 2021.
Future declaration of quarterly dividends and the establishment of future record and payment dates... More
