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 April 4, 2012 to
shareholders of record at the close of business on March 21, 2012.
Ark Restaurants owns and operates 20 restaurants and bars, 28 fast food
concepts and catering operations. Six restaurants are located in New
York City, three are located in Washington, D.C., seven are located in
Las Vegas, Nevada, two are located in Atlantic City, New Jersey, one is
located at the Foxwoods Resort Casino in Ledyard, Connecticut and one is
located in Boston, Massachusetts. The Las Vegas operations include five
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; one bar within the Venetian
Casino Resort as well as three 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. The operations at the Foxwoods Resort
Casino include one fast food concept and six fast food concepts at the
MGM Grand Casino. In Boston, Massachusetts, the Company operates a
restaurant in the Faneuil Hall Marketplace. The Florida operations under
management include 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.
