Arko Corp. operates convenience stores in the United States. It operates through three segments: Retail, Wholesale, and GPM Petroleum. The Retail segment engages in the sale of fuel and merchandise to retail consumers. The Wholesale segment supplies fuel to third-party dealers and consignment agents. The GPM Petroleum segment supplies fuel to independent dealers, and bulk and spot purchasers. It operates approximately 3,000 locations comprising approximately 1,400 company-operated stores and approximately 1,650 dealer sites. The company is based in Richmond, Virginia.
Arko Dividend Announcement
• Arko announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-12-03. Ex dividend date: 2024-11-19
• Arko annual dividend for 2024 was $0.12
• Arko annual dividend for 2023 was $0.12
• Arko's trailing twelve-month (TTM) dividend yield is 1.66%
• Arko's payout ratio for the trailing twelve months (TTM) is 48.52%
Arko Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-19 | $0.03 | quarterly | 2024-12-03 |
2024-08-19 | $0.03 | quarterly | 2024-08-30 |
2024-05-17 | $0.03 | quarterly | 2024-05-31 |
2024-03-08 | $0.03 | quarterly | 2024-03-21 |
2023-11-16 | $0.03 | quarterly | 2023-12-01 |
2023-08-14 | $0.03 | quarterly | 2023-09-01 |
2023-05-18 | $0.03 | quarterly | 2023-06-01 |
2023-03-08 | $0.03 | quarterly | 2023-03-21 |
2022-11-21 | $0.03 | quarterly | 2022-12-06 |
2022-08-26 | $0.02 | quarterly | 2022-09-12 |
2022-05-27 | $0.02 | quarterly | 2022-06-15 |
2022-03-14 | $0.02 | quarterly | 2022-03-29 |
Arko Dividend per year
Arko Dividend growth
Arko Dividend Yield
Arko current trailing twelve-month (TTM) dividend yield is 1.66%. Interested in purchasing Arko stock? Use our calculator to estimate your expected dividend yield:
Arko Financial Ratios
Arko Dividend FAQ
Other factors to consider when evaluating Arko as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Arko's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Arko publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Arko distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Arko are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Arko sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Arko distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Arko declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Arko's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Arko's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.