Arcos Dorados Announces Dividend Payment
BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Arcos Dorados Holdings Inc. (NYS: 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 July 5, 2013, to shareholders of record at the close of business on July 2, 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 1,948 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.
KEYWORDS: United States North America New York
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.