Sonic Automotive Stock To Go Ex-dividend Tomorrow (SAH)

NEW YORK ( TheStreet) -- The ex-dividend date for Sonic Automotive (NYSE: SAH) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $18.28 as of 9:30 a.m. ET, the dividend yield is 0.6%.

The average volume for Sonic Automotive has been 546,900 shares per day over the past 30 days. Sonic Automotive has a market cap of $639.2 million and is part of the services sector and specialty retail industry. Shares are up 23.5% year to date as of the close of trading on Friday.

Sonic Automotive, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of 13.7, above the average specialty retail industry P/E ratio of 8.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sonic Automotive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Sonic Automotive Ratings Report.

See our dividend calendar or top-yielding stocks list.

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