Sonic Automotive is highlighted as a high-growth dividend stock for income investors. The auto dealer, headquartered in Charlotte, currently pays a quarterly dividend of $0.41 per share, yielding 2.01% compared to its industry's 0.7% and the S&P 500's 1.44%. Its annualized dividend of $1.64 has risen 12.3% from last year, and over the past five years the company has increased its dividend five times for an average annual increase of 33.71%. With a payout ratio of 23% and a Zacks Consensus Estimate for 2026 earnings of $6.92 per share, representing 4.85% growth, the stock carries a Zacks Rank of #2 (Buy).
Sonic Automotive IncArticle highlights dividend growth, low payout ratio, and Zacks Buy rating, making it attractive for income investors.