Ark Restaurants Corp. (NASDAQ:ARKR – Get Free Report) announced a quarterly dividend on Tuesday, May 7th, Zacks reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.188 per share by the restaurant operator on Wednesday, June 12th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date is Friday, May 31st.
Ark Restaurants Price Performance
Shares of ARKR stock remained flat at $13.52 during mid-day trading on Thursday. 1,235 shares of the stock were exchanged, compared to its average volume of 2,100. The firm’s 50-day moving average is $13.82 and its 200 day moving average is $14.47. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.79 and a quick ratio of 0.68. Ark Restaurants has a fifty-two week low of $10.27 and a fifty-two week high of $18.75. The stock has a market cap of $48.73 million, a price-to-earnings ratio of -7.73 and a beta of 0.97.
Ark Restaurants (NASDAQ:ARKR – Get Free Report) last issued its quarterly earnings data on Monday, February 12th. The restaurant operator reported $0.38 EPS for the quarter. The company had revenue of $47.49 million for the quarter. Ark Restaurants had a positive return on equity of 2.77% and a negative net margin of 3.40%.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on ARKR
About Ark Restaurants
Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. It operates restaurants in New York City; Washington, DC; Las Vegas, Nevada; Atlantic City, New Jersey; Florida; and Alabama, as well as fast food concepts and catering operations. The company was incorporated in 1983 and is based in New York, New York.
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