Ark Restaurants Corp (NASDAQ:ARKR) Plans $0.25 Quarterly Dividend
Ark Restaurants Corp (NASDAQ:ARKR) declared a quarterly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Saturday, June 22nd will be given a dividend of 0.25 per share by the restaurant operator on Monday, July 8th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date of this dividend is Thursday, June 20th.
Ark Restaurants stock opened at $20.67 on Friday. The company has a market cap of $71.31 million, a price-to-earnings ratio of 18.03 and a beta of 0.46. Ark Restaurants has a 52-week low of $17.75 and a 52-week high of $26.87. The company has a current ratio of 0.65, a quick ratio of 0.51 and a debt-to-equity ratio of 0.48.
Ark Restaurants (NASDAQ:ARKR) last posted its quarterly earnings results on Monday, May 13th. The restaurant operator reported ($0.18) earnings per share (EPS) for the quarter. The business had revenue of $35.31 million for the quarter. Ark Restaurants had a return on equity of 9.33% and a net margin of 1.82%.
Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. As of September 29, 2018, it owned and/or operated 20 restaurants and bars, including 5 facilities located in New York City; 2 in Washington, DC; 5 in Las Vegas, Nevada; 3 in Atlantic City, New Jersey; 1 in the Faneuil Hall Marketplace in Boston, Massachusetts; 2 on the east coast of Florida; and 2 on the gulf coast of Alabama, as well as had 19 fast food concepts and catering operations.
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