Ark Restaurants Announces Declaration of Dividend
March 02 2020 - 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 April
6, 2020 to shareholders of record at the close of business on March
16, 2020.
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, Nevada 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 operation at the Foxwoods Resort
Casino in Connecticut consists of one fast food concept. The
Florida operations include the Rustic Inn in Dania Beach, Shuckers
in Jensen Beach and JB’s on the Beach in Deerfield Beach, and the
operation of four fast food facilities in Tampa and six fast food
facilities in Hollywood, 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 and one in Spanish Fort.
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/20200302005834/en/
Anthony Sirica (212) 206-8800
ajsirica@arkrestaurants.com
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