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Sonic Automotive (Sonic Automotive) 3-Year Dividend Growth Rate : 42.60% (As of Mar. 2024)


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What is Sonic Automotive 3-Year Dividend Growth Rate?

Sonic Automotive's Dividends per Share for the three months ended in Mar. 2024 was $0.30.

The historical rank and industry rank for Sonic Automotive's 3-Year Dividend Growth Rate or its related term are showing as below:

SAH' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -62.7   Med: 26   Max: 58.7
Current: 42.6

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.

SAH's 3-Year Dividend Growth Rate is ranked better than
85.09% of 530 companies
in the Vehicles & Parts industry
Industry Median: 10.1 vs SAH: 42.60

During the past 12 months, Sonic Automotive's average Dividends Per Share Growth Rate was 11.30% 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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Sonic Automotive's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.25. As of today, Sonic Automotive's Dividend Yield % is 1.89%.

Warning Sign:

Sonic Automotive Inc stock dividend yield is close to 1-year low.

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


Competitive Comparison of Sonic Automotive's 3-Year Dividend Growth Rate

For the Auto & Truck Dealerships subindustry, Sonic Automotive's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sonic Automotive's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Sonic Automotive's 3-Year Dividend Growth Rate falls into.



Sonic Automotive 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Sonic Automotive  (NYSE:SAH) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Sonic Automotive's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.3/ 1.221
=0.25

During the past 13 years, the highest Dividend Payout Ratio of Sonic Automotive was 0.18. The lowest was 0.05. And the median was 0.10.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.18/62.30
=1.89 %

Current Share Price is $62.30.
Sonic Automotive's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.18.

During the past 13 years, the highest Dividend Yield of Sonic Automotive was 3.63%. The lowest was 0.36%. And the median was 0.99%.

Warning Sign:

Sonic Automotive Inc stock dividend yield is close to 1-year low.

* 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 3-Year Dividend Growth Rate Related Terms>


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