Buenos aires, argentina--(business wire)--arcos dorados holdings inc. (nyse:arco) (“arcos dorados” or the “company”), announced today the payment of a cash dividend totaling $12.5 million, equivalent to approximately $0.0596 per share of outstanding class a and class b shares, in accordance with the board resolution announced in march 2013. the dividend will be distributed on january 3, 2014, to shareholders of record at the close of business on december 30, 2013. 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, curaÇao, ecuador, french guyana, guadeloupe, martinique, mexico, panama, peru, puerto rico, st. croix, st. thomas, trinidad & tobago, uruguay and venezuela. the company operates or franchises 1,993 mcdonald’s-branded restaurants with over 90,000 employees serving approximately 4.3 million customers a day, as of september 2013. 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
ARCO Ratings Summary
ARCO Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission