Ark Restaurants Announces Declaration of Dividend
December 04 2019 - 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 January
7, 2020 to shareholders of record at the close of business on
December 16, 2019.
Ark Restaurants owns and operates 20 restaurants and bars, 17
fast food concepts and catering operations primarily in New York
City, Florida, Washington, D.C, Las Vegas, NV and the gulf coast of
Alabama. Five restaurants are located in New York City, two are
located in Washington, D.C., five are located in Las Vegas, Nevada,
three are located in Atlantic City, New Jersey, three are located
on the east coast of 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
consist of one fast food concept. The Florida operations include
the Rustic Inn in Dania Beach, Shuckers, located in Jensen Beach,
JB’s on the Beach in Deerfield Beach and the operation of four fast
food facilities in Tampa, Florida and six 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 operates two Original Oyster Houses, 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: https://www.businesswire.com/news/home/20191204005030/en/
Anthony Sirica (212) 206-8800
ajsirica@arkrestaurants.com
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