Sonic Corp. ( SONC ) will begin trading ex-dividend on May 09, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on May 20, 2016. Shareholders who purchased SONC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SONC has paid the same dividend. At the current stock price of $34.44, the dividend yield is 1.28%.
The previous trading day's last sale of SONC was $34.44, representing a -5.23% decrease from the 52 week high of $36.34 and a 51.58% increase over the 52 week low of $22.72.
SONC is a part of the Consumer Services sector, which includes companies such as McDonald's Corporation ( MCD ) and Starbucks Corporation ( SBUX ). SONC's current earnings per share, an indicator of a company's profitability, is $1.34. Zacks Investment Research reports SONC's forecasted earnings growth in 2016 as 23.18%, compared to an industry average of 11.9%.
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