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| Cash Dividend On The Way From Ark Restaurants (ARKR)By Dividend Channel Staff, Monday, August 28, 11:02 AM ET
On 8/30/23, Ark Restaurants Corp (NASDAQ:ARKR) will trade ex-dividend, for its quarterly dividend of $0.1875, payable on 9/12/23. As a percentage of ARKR's recent stock price of $16.58, this dividend works out to approximately 1.13%, so look for shares of Ark Restaurants Corp to trade 1.13% lower — all else being equal — when ARKR shares open for trading on 8/30/23. Below is a dividend history chart for ARKR, showing historical dividends prior to the most recent $0.1875 declared by Ark Restaurants Corp: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ARKR is likely to continue, and whether the current estimated yield of 4.52% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ARKR shares, versus its 200 day moving average:
Looking at the chart above, ARKR's low point in its 52 week range is $15.50 per share, with $21.15 as the 52 week high point — that compares with a last trade of $16.58. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Monday trading, Ark Restaurants Corp shares are currently up about 1.3% on the day.
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