Ark Restaurants Corp. (ARKR) Declares Quarterly Dividend of $0.25
Ark Restaurants Corp. (NASDAQ:ARKR) announced a quarterly dividend on Wednesday, December 6th, Wall Street Journal reports. Stockholders of record on Tuesday, December 19th will be paid a dividend of 0.25 per share by the restaurant operator on Wednesday, January 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend is Monday, December 18th.
Shares of Ark Restaurants (ARKR) traded up $0.30 during trading hours on Thursday, hitting $25.04. The stock had a trading volume of 200 shares, compared to its average volume of 3,324. The firm has a market cap of $84.76, a P/E ratio of 32.99 and a beta of 0.29. Ark Restaurants has a one year low of $20.65 and a one year high of $27.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.37 and a quick ratio of 0.28.
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Ark Restaurants Company Profile
Ark Restaurants Corp. owns and operates restaurants, bars, fast food concepts and catering operations. As of October 1, 2016, the Company owned and/or operated 21 restaurants and bars, 19 fast food concepts and catering operations through its subsidiaries. As of October 1, 2016, six of its restaurant and bar facilities were located in New York City; two were located in Washington, DC; five were located in Las Vegas, Nevada; three were located in Atlantic City, New Jersey; one was located at the Foxwoods Resort Casino in Ledyard, Connecticut; one was located in the Faneuil Hall Marketplace in Boston, Massachusetts, and three were located on the east coast of Florida.
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