Compressco to pay distribution
Compressco Partners LP announced Monday it will pay a cash distribution of 43 cents a unit. That is up 0.5 cents from the previous quarter. The distribution will be paid on Nov. 15.
Sonic Corp. reported profits of $12.2 million, or 21 cents per share, for the fourth quarter of the year, compared to a net income of $14.5 million, or 25 cents per share, for the same period a year ago. Excluding adjusted items, the company saw net income increase by about 20 percent for the quarter. For the quarter ended Aug. 31, systemwide same-store sales increased 5.9 percent. For the 12 months ended August 31, 2013, systemwide same-store sales increased 2.3 percent.
FROM STAFF REPORTS