Ark Restaurants Announces Declaration of Dividend.NEW YORK -- Ark Restaurants Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ARKR) announced today that the Board of Directors declared its regular quarterly dividend of 44 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on the Company's common stock to be paid on November 1, 2007 to shareholders of record at the close of business on October 22, 2007. Ark Restaurants owns and operates 24 restaurants and bars, 25 fast food concepts, catering operations and wholesale and retail bakeries. Eight restaurants are located in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , four are located in Washington, D.C., eight are located in Las Vegas, Nevada, two are located in Atlantic City, New Jersey “Atlantic City” redirects here. For other uses, see Atlantic City (disambiguation). Atlantic City is a city in Atlantic County, New Jersey, USA. Famous for its boardwalk and casino gambling, it is a resort community located on Absecon Island on the coast of the , three are located at the Foxwoods Resort Casino Foxwoods Resort Casino is a hotel-casino in Ledyard, Connecticut. It is the largest casino in the world, as measured by floor space for gaming, with 340,000 sq ft (31,587 m²) [1]. The entire resort comprises 4,700,000 sq ft (440,000 m²) of space. in Ledyard, Connecticut and one is located in Boston, Massachusetts. The Las Vegas operations include three restaurants within the New York-New York Hotel & Casino Resort and operation of the hotel's room service, banquet facilities, employee dining room and nine food court concepts; one bar within the Venetian Casino Resort as well as three food court concepts. In Las Vegas, the Company also owns and operates one restaurant within the Forum Shops at Caesar's Shopping Center. The Florida operations under management include five fast food facilities in Tampa, Florida and eight fast food facilities in Hollywood, Florida, each at a Hard Rock Hotel and Casino The Hard Rock Hotel and Casino is a hotel-casino located in Las Vegas, Nevada. The property has a 646 room hotel and 30,000ft² (3,000m²) casino. The hotel will undergo a major expansion to be completed in 2009. operated by the Seminole Indian Tribe at these locations. In Atlantic City, New Jersey, the Company operates a restaurant and a bar in the Resorts Atlantic City Resorts Hotel and Casino Atlantic City is a hotel, casino, and spa in Atlantic City, New Jersey owned by Colony Capital, LLC and is managed through its gaming subsidiary Colony RIH Holdings, Inc.. Hotel and Casino. In Boston, Massachusetts, the Company operates a restaurant in the Faneuil Hall Marketplace. Except for historical information, this news release contains forward-looking statements, which 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 fillings 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. |
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