Ark Restaurants Announces Declaration of Dividend
June 05 2017 - 4:05PM
Business Wire
Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the
Board of Directors declared its regular quarterly dividend of 25
cents per share on the Company's common stock to be paid on July 5,
2017 to shareholders of record at the close of business on June 19,
2017.
Ark Restaurants owns and operates 20 restaurants and bars, 19
fast food concepts and catering operations primarily in New York
City, Florida, Washington, D.C., Las Vegas, NV and Alabama. Five
restaurants are located in New York City, three are located in
Washington, D.C., five are located in Las Vegas, Nevada, three are
located in Atlantic City, New Jersey, one is located at the
Foxwoods Resort Casino in Ledyard, Connecticut, one is located in
Boston, Massachusetts, three are located in Florida and two are
located on the Gulf Coast of Alabama. The Las Vegas operations
include four restaurants within the New York-New York Hotel &
Casino Resort and operation of the hotel's room service, banquet
facilities, employee dining room and six food court concepts and
one restaurant within the Planet Hollywood Resort and Casino. In
Atlantic City, New Jersey, the Company operates a restaurant and a
bar in the Resorts Atlantic City Hotel and Casino and a restaurant
in the Tropicana Hotel and Casino. The operations at the Foxwoods
Resort Casino include one fast food concept and one restaurant. In
Boston, Massachusetts, the Company operates a restaurant in the
Faneuil Hall Marketplace. The Florida operations include the Rustic
Inn in Dania Beach, Florida, Shuckers in Jensen Beach, Florida and
the operation of five fast food facilities in Tampa, Florida and
seven fast food facilities in Hollywood, Florida, each at a Hard
Rock Hotel and Casino operated by the Seminole Indian Tribe at
these locations. In Alabama, the Company acquired two Original
Oyster House restaurants, one in Gulf Shores, Alabama and one in
Spanish Fort, Alabama.
Except for historical information, this news release contains
forward-looking statements, within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements involve unknown risks, and
uncertainties that may cause the Company's actual results or
outcomes to be materially different from those anticipated and
discussed herein. Important factors that might cause such
differences are discussed in the Company's filings with the
Securities and Exchange Commission. The Company disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Actual results could differ materially from those
anticipated in these forward-looking statements, if new information
becomes available in the future.
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version on businesswire.com: http://www.businesswire.com/news/home/20170605006075/en/
Ark Restaurants Corp.Robert Stewart,
212-206-8800bstewart@arkrestaurants.com
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