Arcos Dorados to Pay Out Ex-Dividend Tomorrow
December 21, 2023
🌧️Trending News
Tomorrow, Arcos Dorados ($NYSE:ARCO) (NYSE: ARCO) will be paying out its next ex-dividend to shareholders. This follows the recent announcement of the payment of their quarterly dividend on the 12th of June. The company offers a variety of menu items including burgers, sandwiches, desserts, breakfast items, shakes, and more. With such a wide variety of menu options, Arcos Dorados has established itself as a leader in the quick service restaurant industry.
For those shareholders who have held Arcos Dorados stock prior to the announced ex-dividend date, they will be eligible to receive the dividend payout. With its strong financials and reliable dividend payouts, Arcos Dorados is an attractive investment option for those looking for a steady income stream.
Dividends
Arcos Dorados, the world’s largest McDonald’s franchisee, will be paying out an ex-dividend tomorrow. Over the last two years, the company has issued an annual dividend per share of 0.18 and 0.15 USD respectively. Its dividend yields for 2022 and 2023 are projected to be 2.28% and 2.01%, respectively, with an average dividend yield of 2.14%.
For investors interested in dividend stocks, Arcos Dorados could be a great option to consider. With its ex-dividend date approaching, now is a great time to start looking at the stock.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Arcos Dorados. More…
| Total Revenues | Net Income | Net Margin |
| 4.18k | 179.99 | 4.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Arcos Dorados. More…
| Operations | Investing | Financing |
| 342.36 | -377.89 | -51.52 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Arcos Dorados. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.85k | 2.4k | 2.1 |
Key Ratios Snapshot
Some of the financial key ratios for Arcos Dorados are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 25.1% | 18.2% | 7.6% |
| FCF Margin | ROE | ROA |
| 0.5% | 46.9% | 7.0% |
Share Price
Yesterday, shares of Arcos Dorados opened at $12.4 and closed at $12.1, down by 2.7% from the last closing price of $12.4. The company’s stock has been on a downtrend since mid-May, and this ex-dividend payment might provide some relief to their shareholders. Investors who are interested in buying Arcos Dorados shares should take into consideration their current price and the dividend payment before making any decisions. It’s uncertain how investors will react to the ex-dividend payment, but it may provide an opportunity for investors to enter the market at a discounted rate. Live Quote…
Analysis
At GoodWhale, we conducted an analysis of the well-being of ARCOS DORADOS. Based on our Star Chart, we have classified it as a “cheetah” – a company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company would be of interest to investors who are looking for companies that are able to generate high returns but not necessarily risk-averse. Additionally, ARCOS DORADOS has an intermediate health score of 6/10 with regard to its cashflows and debt, meaning that it might be able to safely ride out any crisis without the risk of bankruptcy. Furthermore, ARCOS DORADOS is particularly strong in dividend, medium in growth, profitability and weak in asset. All these factors taken together point to a company that is well-positioned for growth but not necessarily a safe investment option. More…
Peers
Arcos Dorados Holdings Inc is the world’s largest franchisor of McDonald’s restaurants. The company operates or franchises over 1,700 McDonald’s restaurants in 20 countries and territories in Latin America and the Caribbean. Arcos Dorados is headquartered in Buenos Aires, Argentina. The company’s primary competitors are Del Taco Restaurants Inc, Amrest Holdings SE, and Alsea SAB de CV.
– Del Taco Restaurants Inc ($LTS:0OGQ)
Amrest Holdings SE is a holding company that operates in the restaurant and retail industry. It has a market cap of 4B as of 2022 and a return on equity of 14.44%. The company operates in Europe, the Middle East, Africa, Asia, and the United States. It operates through its subsidiaries, including Pizza Hut, KFC, Burger King, and Starbucks. The company was founded in 1993 and is headquartered in Warsaw, Poland.
– Amrest Holdings SE ($OTCPK:ALSSF)
Alsea SAB de CV is a Mexican holding company that operates in the food and beverage industry. Through its subsidiaries, Alsea SAB de CV engages in the development, operation, and franchising of restaurant brands in Mexico, Argentina, Chile, Colombia, and Brazil. As of 2022, Alsea SAB de CV had a market capitalization of 1.59 billion and a return on equity of 52.23%. The company’s subsidiaries include Alsea Ventures, Alsea Restaurants, Alsea Brands, and Alsea Food Service.
Summary
Arcos Dorados (ARCO) is a leading fast food restaurant franchise operating in Latin America and the Caribbean. Therefore, investors should consider Arcos Dorados as an attractive income-generating option with potential for capital appreciation.
