Ark Restaurants Announces Declaration of Dividend
September 06 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 October
4, 2017 to shareholders of record at the close of business on
September 20, 2017.
Ark Restaurants owns and operates 22 restaurants and 22 fast
food concepts and catering operations primarily in New York City,
New Jersey, Florida, Washington, D.C., Las Vegas, NV and Alabama.
Five restaurants are located in New York City; two restaurants,
three fast food concepts and one bar are located in the Meadowlands
complex in East Rutherford, New Jersey; three restaurants are
located in Atlantic City, New Jersey; two are located in
Washington, D.C.; five are located in Las Vegas, Nevada; one is
located in Boston, Massachusetts; two are located in Florida; 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 three restaurants
at the Resorts Atlantic City Hotel and Casino and the Tropicana
Hotel and Casino. The operations at the Foxwoods Resort Casino
include one fast food concept. 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/20170906006615/en/
Ark Restaurants Corp.Robert Stewart,
212-206-8800bstewart@arkrestaurants.com
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