Arcos Dorados Announces Dividend Payment

Arcos Dorados Holdings Inc. (NYSE: 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 (NYSE: ARCO). To learn more about the Company, please visit the Investors section of our website: www.arcosdorados.com

Copyright Business Wire 2010

If you liked this article you might like

McDonald's Franchisee Arcos Dorados Stock Falls Premarket on Earnings Miss

McDonald's Franchisee Arcos Dorados Stock Falls Premarket on Earnings Miss

4 Restaurants That Could Serve You Up a Side of Cash
Arcos Dorados (ARCO) Stock Is the ‘Chart of the Day’

Arcos Dorados (ARCO) Stock Is the ‘Chart of the Day’

Arcos Dorados Rides to Profit

Arcos Dorados Rides to Profit

'Mad Money' Lightning Round: Take Intuit Over H&R Block

'Mad Money' Lightning Round: Take Intuit Over H&R Block