Ark Restaurants Announces Declaration of Dividend
March 01 2017 - 11:00AM
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
3, 2017 to shareholders of record at the close of business on March
17, 2017.
Ark Restaurants owns and operates 21 restaurants and bars, 19
fast food concepts and catering operations primarily in New York
City, Florida, Washington, D.C., Las Vegas, NV and Alabama. Five
restaurants are located in New York City, three are located in
Washington, D.C., five are located in Las Vegas, Nevada, three are
located in Atlantic City, New Jersey, one is located at the
Foxwoods Resort Casino in Ledyard, Connecticut, one is located in
Boston, Massachusetts, three 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 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 include one fast food concept and one restaurant. In
Boston, Massachusetts, the Company operates a restaurant in the
Faneuil Hall Marketplace. The Florida operations include two Rustic
Inns, one in Dania Beach, Florida and one in Jupiter, 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/20170301006070/en/
Ark Restaurants Corp.Robert Stewart,
212-206-8800bstewart@arkrestaurants.com
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