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Sonic Announces New Dividend Program

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OKLAHOMA CITY--(BUSINESS WIRE)--Sonic Corp. (NASDAQ:SONC), the nation's largest chain of drive-in restaurants, today announced that its Board of Directors initiated a cash dividend program under which the Company will pay a regular quarterly cash dividend to shareholders of its common stock. The Board of Directors declared the first quarterly cash dividend of $0.09 per share of common stock to be paid to shareholders of record as of the close of business on November 12, 2014, with a payment dat Reported by Business Wire 8 hours ago.

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