Sonic Automotive (SAH) Dividend: History, Dates & Yield - 2024
Tags:Dividend History
Sonic Automotive announced a quarterly dividend of $0.35 per ordinary share, payable on 2025-01-15, with an ex-dividend date of 2024-12-13. Sonic Automotive typically pays dividends four times a year, compared to $1.25 in 2024.
Find details on Sonic Automotive's dividend performance with a comprehensive history of past and upcoming payments.
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-13 | $0.35 | quarterly | 2025-01-15 |
| 2024-09-13 | $0.30 | quarterly | 2024-10-15 |
| 2024-06-14 | $0.30 | quarterly | 2024-07-15 |
| 2024-03-14 | $0.30 | quarterly | 2024-04-15 |
| 2023-12-14 | $0.30 | quarterly | 2024-01-12 |
| 2023-09-14 | $0.29 | quarterly | 2023-10-13 |
| 2023-06-14 | $0.29 | quarterly | 2023-07-14 |
| 2023-03-14 | $0.28 | quarterly | 2023-04-14 |
| 2022-12-14 | $0.28 | quarterly | 2023-01-13 |
| 2022-09-14 | $0.25 | quarterly | 2022-10-14 |
Dividend Increase
Sonic Automotive's dividend growth over the last five years (2020-2024) was 31.86% per year, while over the last ten years (2015-2024), it was 33.62% per year. In comparison, LAD has seen an average growth rate of 12.10% over the past five years and PAG's growth rate was 32.56%.
By comparing Sonic Automotive's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Sonic Automotive's current trailing twelve-month (TTM) dividend yield is 1.83%. Over the last 12 months, Sonic Automotive has maintained this yield, but how does it compare to similar stocks? For example, LAD offers a yield of 0.58%, while PAG provides a yield of 2.56%. Comparing similar stocks can help investors assess Sonic Automotive's yield and make more informed decisions.
| Company | Dividend Yield | Annual Dividend | Stock Price |
|---|---|---|---|
| Sonic Automotive (SAH) | 1.83% | $1.25 | $68.33 |
| LAD (LAD) | 0.58% | $2.09 | $358.09 |
| PAG (PAG) | 2.56% | $4.09 | $159.7 |
Dividend Yield Calculator
Interested in purchasing Sonic Automotive stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Sonic Automotive has a payout ratio of 0.21%. In comparison, LAD has a payout ratio of 0.07%, while AutoNation's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Sonic Automotive
- Global presence Operates in multiple countries worldwide with a strong international presence in key markets.
- Key Segments Engaged in various industries such as technology, healthcare, and consumer goods.
- Products/Services Offers a diverse range of products and services in its key segments, providing stability and growth potential for investors.
- Financial stability Demonstrates strong financial performance and stability, including consistent dividend payouts and solid revenue growth.
Frequently Asked Question
How much is the next Sonic Automotive dividend?
Sonic Automotive's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sonic Automotive dividend. The next Sonic Automotive dividend will be released in March, June, September, or December.
When is Sonic Automotive dividend paid?
Sonic Automotive pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sonic Automotive pay?
The specific amount of Sonic Automotive dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sonic Automotive's dividend history.
Does Sonic Automotive stock pay dividends?
Yes, Sonic Automotive does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sonic Automotive's dividend history.
How much dividend does Sonic Automotive pay?
Sonic Automotive paid $0.0 in 2025, $1.25 in 2024, $1.16 in 2023, $1.03 in 2022, $0.46 in 2021, and $0.4 in 2020.
How often does Sonic Automotive pay dividends?
Sonic Automotive typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Sonic Automotive's dividend yield?
The current dividend yield for Sonic Automotive is 1.83%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sonic Automotive's exact dividend yield.
When does Sonic Automotive go ex dividend?
Sonic Automotive's ex-dividend date for the latest dividend was on 2024-12-13. Sonic Automotive typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sonic Automotive dividend paid?
Sonic Automotive pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Sonic Automotive increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sonic Automotive will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sonic Automotive dividend per share?
Sonic Automotive paid $0.0 per share in 2025 and $1.25 per share in 2024. The amount of dividend per share that Sonic Automotive pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sonic Automotive a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sonic Automotive a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sonic Automotive a dividend stock?
Yes, Sonic Automotive is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sonic Automotive a good dividend stock?
Whether Sonic Automotive is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sonic Automotive has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sonic Automotive as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Sonic Automotive as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Sonic Automotive pay dividends monthly?
Sonic Automotive typically pays dividends on a quarterly basis.
Does Sonic Automotive pay dividends quarterly?
Sonic Automotive currently pays dividends on a quarterly basis.
Has Sonic Automotive ever paid a dividend?
Yes, Sonic Automotive has a history of paying dividends to its shareholders. Sonic Automotive is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sonic Automotive dividend stocks?
To buy Sonic Automotive you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Sonic Automotive stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Sonic Automotive stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sonic Automotive pay dividends 2024?
Sonic Automotive pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sonic Automotive increase its dividend in 2024?
Decisions regarding Sonic Automotive dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sonic Automotive dividend overview you can look into the above table of dividend history.
How Sonic Automotive dividend works?
The Sonic Automotive dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sonic Automotive's dividend process works:
1. Determination of Dividend: Sonic Automotive's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sonic Automotive publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sonic Automotive distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sonic Automotive are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Sonic Automotive's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sonic Automotive publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sonic Automotive distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sonic Automotive are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Sonic Automotive dividends paid?
Sonic Automotive dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sonic Automotive sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sonic Automotive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sonic Automotive declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Sonic Automotive sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sonic Automotive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sonic Automotive declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Sonic Automotive pay dividends?
Sonic Automotive typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sonic Automotive pay dividends?
The general pattern is that Sonic Automotive pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sonic Automotive dividend safe?
The safety of Sonic Automotive's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Sonic Automotive's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sonic Automotive's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Sonic Automotive's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sonic Automotive's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.