CHARLOTTE, N.C., July 26 /PRNewswire-FirstCall/ -- Sonic Automotive, Inc.
(NYSE: SAH), 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, 2005. The dividend will be
payable October 15, 2005.
Sonic Automotive, Inc., a Fortune 300 company based in Charlotte, N.C., is
one of the largest automotive retailers in the United States operating 186
franchises and 39 collision repair centers. Sonic can be reached on the Web
at http://www.sonicautomotive.com.
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 risks and uncertainties that could cause actual results
or trends to differ materially from management's view, including without
limitation, economic conditions, risks associated with acquisitions and the
risk factors described in the company's quarterly report on Form 10-Q for the
quarter ended March 31, 2005. The company does not undertake any obligation
to update forward-looking information.
SOURCE Sonic Automotive, Inc.
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Related links:
http://www.sonicautomotive.com
Company News On-Call:
http://www.prnewswire.com/comp/125546.html
CONTACT:
E. Lee Wyatt, Chief Financial Officer,
+1-704-566-2415, or J. Todd Atenhan, Investor Relations,
1-888-766-4218; both of Sonic Automotive, Inc.
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