Sonic Declares Quarterly Dividend
July 07 2016 - 4:05PM
Business Wire
Sonic Corp. (NASDAQ:SONC), the nation's largest chain of
drive-in restaurants, today announced that its Board of Directors
declared a quarterly cash dividend of $0.11 per share of
common stock to be paid to shareholders of record as of the close
of business on August 10, 2016, with a payment date of August
19, 2016.
Future declaration of quarterly dividends and the establishment
of future record and payment dates are subject to the final
determination of the company's Board of Directors.
About Sonic
SONIC, America's Drive-In is the nation's largest drive-in
restaurant chain serving more than 3 million customers every day.
Nearly 90 percent of SONIC's 3,500 drive-in locations are owned and
operated by local business men and women. Over more than 60 years,
SONIC has delighted guests with signature menu items, more than 1.3
million drink combinations and friendly service by iconic Carhops.
Since the 2009 launch of SONIC's Limeades for Learning
philanthropic campaign in partnership with DonorsChoose.org, SONIC
has donated more than $5 million to public school teachers
nationwide to fund essential learning materials and innovative
teaching resources to inspire creativity and learning in today's
youth. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please
visit sonicdrivein.com and please visit or follow us on Facebook
and Twitter. To learn more about SONIC's Limeades for Learning
initiative, please visit Limeadesforlearning.com.
SONC-F
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Sonic Corp.Corey Horsch, 405-225-4800Vice President, Investor
Relationsand Treasurer
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