Ark Restaurants Corp. (NASDAQ:ARKR – Get Free Report) declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Shareholders of record on Friday, May 31st will be given a dividend of 0.188 per share by the restaurant operator on Wednesday, June 12th. This represents a $0.75 annualized dividend and a yield of 5.56%. The ex-dividend date is Friday, May 31st.
Ark Restaurants Stock Performance
Shares of NASDAQ ARKR remained flat at $13.52 during trading hours on Thursday. The stock had a trading volume of 1,235 shares, compared to its average volume of 2,100. The company has a market cap of $48.73 million, a price-to-earnings ratio of -7.73 and a beta of 0.97. The company’s 50 day simple moving average is $13.82 and its two-hundred day simple moving average is $14.47. The company has a quick ratio of 0.68, a current ratio of 0.79 and a debt-to-equity ratio of 0.10. Ark Restaurants has a one year low of $10.27 and a one year high of $18.75.
Ark Restaurants (NASDAQ:ARKR – Get Free Report) last posted its earnings results on Monday, February 12th. The restaurant operator reported $0.38 earnings per share for the quarter. Ark Restaurants had a positive return on equity of 2.77% and a negative net margin of 3.40%. The company had revenue of $47.49 million during the quarter.
Wall Street Analysts Forecast Growth
Read 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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