As per Sonic Automotive, Inc. (NYSE:SAH) statement on 2016-07-26, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.05 per share as dividend to stakeholders. The record date is set as 2016-09-15, the payout date as 2016-10-14 and the ex-dividend date is 2016-09-13.
Last fiscal Sonic Automotive, Inc. (NYSE:SAH) disbursed cash dividend of $0.05. A year ago, the payout was $0.05, which indicates a difference of 12.5%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.05, implying 35.096% growth.
For the period ended on 2015-12-31, Sonic Automotive, Inc. (NYSE:SAH)’s earnings came at $0.5 per share compared to EPS of $0.57 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $0.55 per share.
The interim price target for Sonic Automotive, Inc. (NYSE:SAH) is set at $22.5. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Sonic Automotive, Inc. (NYSE:SAH) is seen at $25 and the lowest level is established at $20. This broad range highlights a standard deviation of $2.38 in reported estimates.
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