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ARKO Corp. (ARKO) to Distribute Quarterly Dividend of $0.03 on August 31st
['Michael Walen']
Markets Daily
ARKO Corp. (NASDAQ:ARKO – Get Free Report) announced a quarterly dividend on Friday, August 7th.
Investors of record on Thursday, August 20th will be given a dividend of 0.03 per share on Monday, August 31st.
ARKO has a payout ratio of 300.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
(Get Free Report)ARKO Corp (NASDAQ: ARKO) is a downstream energy and convenience retail company based in Matthews, North Carolina.
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