Arcos Dorados Announces Dividend Payment
September 13 2011 - 4:24PM
Business Wire
Arcos Dorados Holdings Inc. (NYSE: ARCO) (“Arcos Dorados” or the
“Company”), Latin America’s largest restaurant chain and the
world’s largest McDonald’s franchisee, announced today that the
Board of Directors approved a cash dividend amounting to US$0.0597
per share of outstanding Class A and Class B shares, for a total
payment of $12.5 million. The dividend will be distributed October
5, 2011, to shareholders of record at the close of business on
September 27, 2011.
About Arcos Dorados
Arcos Dorados is the world’s largest McDonald’s franchisee in
terms of systemwide sales and number of restaurants, operating the
largest quick service restaurant (“QSR”) chain in Latin America and
the Caribbean. It has the exclusive right to own, operate and grant
franchises of McDonald’s restaurants in 19 Latin American and
Caribbean countries and territories, including Argentina, Aruba,
Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French
Guyana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico,
St. Croix, St. Thomas, Uruguay and Venezuela. The Company operates
or franchises 1,755 McDonald’s-branded restaurants with over 80,000
employees serving approximately 4 million customers a day.
Recognized as one of the best companies to work for in Latin
America, Arcos Dorados is traded on the New York Stock Exchange
(NYSE: ARCO). To learn more about the Company, please visit our
website: www.arcosdorados.com.
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