- By Nelson Hsu
Ark Restaurants (ARKR) is a small cap stock trading near its 52-week low at $20.29 per share. The current dividend of $1 yields 4.93%. The company was founded in New York in 1983 and operates 22 restaurants and bars, 19 fast food concepts and catering operations. Ark employs approximately 2,000 people with 65% full-time employees and the rest part-time. The company started off with small neighborhood New York restaurants but gradually expanded to other states. Its strategy shifted from small neighborhoods to high traffic destination properties. Many of the restaurants are located in casinos. Six restaurants are located in Las Vegas, three are located in Atlantic City, New Jersey, and one is located at the Foxwoods Resort Casino in Ledyard, Connecticut. From the latest 10-Q, here are the companyas revenues broken down by geographic region.
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