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Arcos Dorados Holdings Inc. (ARCO) Ex-Dividend Date Scheduled for December 26, 2013
By: NASDAQ.com News
Arcos Dorados Holdings Inc. ( ARCO ) will begin trading ex-dividend on December 26, 2013. A cash dividend payment of $0.0597 per share is scheduled to be paid on January 03, 2014. Shareholders who purchased ARCO stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.17% increase over the prior quarter. At the current stock price of $12.2, the dividend yield is 1.96%.
The previous trading day's last sale of ARCO was $12.2, representing a -21.39% decrease from the 52 week high of $15.52 and a 16.75% increase over the 52 week low of $10.45.
ARCO is a part of the Consumer Services sector, which includes companies such as McDonald's Corporation ( MCD ) and Starbucks Corporation ( SBUX ). ARCO's current earnings per share, an indicator of a company's profitability, is $.31. Zacks Investment Research reports ARCO's forecasted earnings growth in 2013 as -35.45%, compared to an industry average of 8.1%.