Sonic Automotive, Inc. Declares Quarterly Cash Dividend
CHARLOTTE, N.C., July 29 -- Sonic Automotive, Inc. , a leader in automotive retailing, today announced that its Board of Directors approved a quarterly dividend of $0.12 per share payable in cash for shareholders of record on September 15, 2008. The dividend will be payable October 15, 2008.
Sonic Automotive, Inc., a Fortune 300 company based in Charlotte, N.C., is one of the largest automotive retailers in the United States operating 166 franchises.