Arcos Dorados Announces Dividend Payment

Updated

Arcos Dorados Announces Dividend Payment

BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Arcos Dorados Holdings Inc. (NYS: ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest McDonald's franchisee, announced today that the Board of Directors approved a total dividend cash payment of US$50,035,624 for 2013 to be paid in four equal installments of US$12,508,906 each. The first cash dividend payment amounting to US$0.0597 per share of outstanding Class A and Class B shares will be distributed April 5, 2013, to shareholders of record at the close of business on April 2, 2013. Subsequent dividends will be distributed according to the following payment schedule:

Payment Date

Record Date*

July 5, 2013

July 2, 2013

October 4, 2013

October 1, 2013

January 3, 2014

December 30, 2013

*Shareholders of record at the close of business.

As a reference, the Company will hold its Annual General Shareholders' Meeting in Lima, Perú on April 25, 2013, at 10:00 a.m. (local time), for all shareholders of record on March 19, 2013. Voting material is being distributed accordingly.


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 1,948 McDonald's-branded restaurants with over 90,000 employees serving approximately 4.3 million customers a day, as of December 2012. Recognized as one of the best companies to work for in Latin America, Arcos Dorados is traded on the New York Stock Exchange (NYS: ARCO) . To learn more about the Company, please visit the Investors section of our website: www.arcosdorados.com



Arcos Dorados Holdings Inc.
Sofia Chellew, (+5411) 4711-2515
sofia.chellew@ar.mcd.com

KEYWORDS: Argentina United States North America South America Peru New York

INDUSTRY KEYWORDS:

The article Arcos Dorados Announces Dividend Payment originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement