Ark Restaurants Announces Declaration of Dividend
September 07 2016 - 4:00PM
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
5, 2016 to shareholders of record at the close of business on
September 21, 2016.
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. and Las Vegas, NV. Six restaurants
are located in New York City, two 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 and three locations in Florida. 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 Inn’s, 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.
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/20160907006480/en/
Ark Restaurants Corp.Robert Stewart, (212)
206-8800bstewart@arkrestaurants.com
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