Ark Restaurants Corp (NASDAQ:ARKR) declared a quarterly dividend on Tuesday, December 4th, Wall Street Journal reports. Stockholders of record on Tuesday, December 18th will be given a dividend of 0.25 per share by the restaurant operator on Thursday, January 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date of this dividend is Monday, December 17th.
Ark Restaurants has increased its dividend by an average of 10.1% per year over the last three years.
NASDAQ:ARKR opened at $20.95 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 0.74. Ark Restaurants has a fifty-two week low of $19.66 and a fifty-two week high of $29.49. The firm has a market cap of $72.72 million, a PE ratio of 19.96 and a beta of 0.28.
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Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. As of September 30, 2017, 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.
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