Ark Restaurants Announces Declaration of Dividend
June 12 2018 - 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 6,
2018 to shareholders of record at the close of business on June 22,
2018.
Ark Restaurants owns and operates 20 restaurants and 19 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; 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; 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 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 operates 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: https://www.businesswire.com/news/home/20180612006266/en/
Ark Restaurants Corp.Robert Stewart,
212-206-8800bstewart@arkrestaurants.com
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