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Sonic Automotive (Sonic Automotive) Forward Dividend Yield % : 1.99% (As of Apr. 26, 2024)


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What is Sonic Automotive Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Sonic Automotive is 1.99%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Sonic Automotive is 1.96%.

SAH's Forward Dividend Yield % is ranked worse than
54.51% of 798 companies
in the Vehicles & Parts industry
Industry Median: 2.37 vs SAH: 1.99

Sonic Automotive's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

During the past 12 months, Sonic Automotive's average Dividends Per Share Growth Rate was 12.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 42.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 36.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 28.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sonic Automotive was 58.70% per year. The lowest was -62.70% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Sonic Automotive's Forward Dividend Yield %

For the Auto & Truck Dealerships subindustry, Sonic Automotive's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sonic Automotive's Forward Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sonic Automotive's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sonic Automotive's Forward Dividend Yield % falls into.



Sonic Automotive Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Sonic Automotive Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3002024-03-142024-03-152024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-12-142023-12-152024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-09-142023-09-152023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-06-142023-06-152023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Sonic Automotive's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/60.34
=1.99 %

Current Share Price is $60.34.
Sonic Automotive's Dividends per Share for the forward twelve months is calculated as $0.3 * 4 = $1.2.

Sonic Automotive's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.18/60.34
=1.96 %

Current Share Price is $60.34.
Sonic Automotive's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.18.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sonic Automotive  (NYSE:SAH) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sonic Automotive Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sonic Automotive's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sonic Automotive (Sonic Automotive) Business Description

Traded in Other Exchanges
Address
4401 Colwick Road, Charlotte, NC, USA, 28211
Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark and 7 Northwest Motorsports used-vehicle stores, and 16 collision centers. The company derives revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 83% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 56% of new-vehicle revenue. BMW is the largest brand at about 26%. 2022's revenue was $14 billion, with EchoPark's portion totaling $2.5 billion. Sonic bought RFJ Auto in December 2021, which added $3.2 billion in sales.
Executives
Heath Byrd officer: EVP and CFO 4401 COLWICK ROAD, CHARLOTTE NC 28211
Jeff Dyke officer: EVP of Operations C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
David Bruton Smith director, officer: Executive Vice President C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
Paul P. Rusnak 10 percent owner 325 W. COLORADO BLVD.,, PO BOX 70489, PASADENA CA 91117-7489
Michael Edward Hodge director 4401 COLWICK ROAD, CHARLOTTE NC 28211
Keri A Kaiser director 14902 PRESTON ROAD, SUITE 404, #384, DALLAS TX 75254
Victor H Doolan director 35 VIA MONARCA, DANA POINT CA 92629
Marcus G Smith 10 percent owner 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
Sonic Financial Corp 10 percent owner 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
O Bruton Smith director, 10 percent owner, officer: Chairman and CEO 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
R Eugene Taylor director BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-57-01, CHARLOTTE NC 28255
Bryan Scott Smith director, officer: Vice Chairman and CSO 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Harris John W. Iii director 4725 PIEDMONT ROW DRIVE, SUITE 800, CHARLOTTE NC 28210
Byrd Bernard Clinton Jr director 4401 COLWICK ROAD, CHARLOTTE NC 28211
William I Belk director 6100 FAIRVIEW RD #640, CHARLOTTE NC 28210