Ark Restaurants Corp. (NASDAQ:ARKR) announced a quarterly dividend on Wednesday, March 7th, Wall Street Journal reports. Shareholders of record on Monday, March 19th will be given a dividend of 0.25 per share by the restaurant operator on Wednesday, April 4th. This represents a $1.00 annualized dividend and a yield of 4.13%. The ex-dividend date is Friday, March 16th.
ARKR stock traded up $0.20 during midday trading on Monday, hitting $24.20. 318 shares of the company’s stock were exchanged, compared to its average volume of 3,676. The company has a quick ratio of 0.24, a current ratio of 0.32 and a debt-to-equity ratio of 0.17. The stock has a market cap of $82.48, a price-to-earnings ratio of 31.17 and a beta of 0.24. Ark Restaurants has a 1-year low of $21.75 and a 1-year high of $29.49.
Ark Restaurants (NASDAQ:ARKR) last posted its earnings results on Monday, February 12th. The restaurant operator reported $0.12 earnings per share (EPS) for the quarter. Ark Restaurants had a return on equity of 6.45% and a net margin of 2.54%. The company had revenue of $39.35 million during the quarter.
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About Ark Restaurants
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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