Feb. 28, 2012
/PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), a leader in automotive retailing, today announced that its Board of Directors approved a quarterly dividend of
per share payable in cash for shareholders of record on
, 2012. The dividend will be payable
April 15, 2012
Sonic Automotive, Inc., a Fortune 500 company based in
, is one of the nation's largest automotive retailers. Sonic can be reached on the web at
Included herein is a forward-looking statement pertaining to an anticipated cash dividend to shareholders. There are many factors that affect management's views about future events and trends of the Company's business. These factors involve risk and uncertainties that could cause actual results or trends to differ materially from management's view, including without limitation, economic conditions in the markets in which we operate, new and used vehicle sales volume, the success of our operational strategies, the rate and timing of overall economic recovery and the risk factors described in the Company's annual report on Form 10-K for the year ending
December 31, 2010
and quarterly report on Form 10-Q for the quarter ending
, 2011. The Company does not undertake any obligation to update forward-looking information.
SOURCE Sonic Automotive, Inc.