Arcos Dorados Announces Dividend Payment
Arcos Dorados Holdings Inc. (NYSE:ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest McDonald’s franchisee, today announced the payment of a cash dividend totaling $12.5 million, equivalent to approximately $0.0595 per share of outstanding Class A and Class B shares, in accordance with the Board resolution announced in March 2014. The dividend will be distributed on October 1, 2014, to shareholders of record at the close of business on September 26, 2014.
About Arcos Dorados
Arcos Dorados is the world’s largest McDonald’s franchisee in terms of systemwide sales and number of restaurants, operating the largest quick service restaurant (“QSR”) chain in Latin America and the Caribbean. It has the exclusive right to own, operate and grant franchises of McDonald’s restaurants in 20 Latin American and Caribbean countries and territories, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guyana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, St. Croix, St. Thomas, Trinidad & Tobago, Uruguay and Venezuela. The Company operates or franchises 2,075 McDonald’s-branded restaurants with over 95,000 employees serving approximately 4.3 million customers a day, as of June 2014. Recognized as one of the best companies to work for in Latin America, Arcos Dorados is traded on the New York Stock Exchange (NYSE:ARCO) . To learn more about the Company, please visit the Investors section of our website: www.arcosdorados.com.
Sorry. No data so far.