ARKO Corp Declares $0.03 Quarterly Dividend
ARKO Corp (NASDAQ: ARKO), a convenience store operator, announced a quarterly dividend of $0.03 per share. The dividend will be paid to shareholders of record as of March 10, 2026.
ARKO Corp (NASDAQ: ARKO), a convenience store and fuel retailer, declared a quarterly cash dividend of $0.03 per share of common stock. The Board of Directors approved the payment, which will be distributed to stockholders of record as of March 10, 2026. Read more dividend announcements.
The company operates a network of retail convenience stores across the United States. The dividend payment follows ARKO's completion of the APC IPO in February, which strengthened its balance sheet and allowed the company to repay approximately $184 million of indebtedness.
| Dividend Details | Date |
|---|---|
| Amount Per Share | $0.03 |
| Record Date | March 10, 2026 |
| Payment Date | March 20, 2026 |
| Frequency | Quarterly |
Share Repurchase Activity
During the fourth quarter of 2025, ARKO repurchased approximately 1.7 million shares of common stock for approximately $7.2 million, at an average price of $4.28 per share. The company's fourth quarter share repurchases exhausted the remaining availability under its current share repurchase program.
Financial Position
As of December 31, 2025, ARKO reported total liquidity of approximately $888 million, consisting of approximately $305 million in cash and cash equivalents and approximately $583 million of availability under the company's lines of credit. Outstanding debt stood at approximately $912 million, resulting in net debt of approximately $607 million, excluding lease related financing liabilities.
The company's capital allocation framework supports its ability to return cash to stockholders through its dividend program and share repurchases, reflecting management's confidence in ARKO's cash generation ability and financial strength.
Operational Updates
ARKO introduced its new fas craves format in June 2025, designed to enhance the customer experience with a focus on foodservice and convenience. Remodeled stores have shown double-digit increases in merchandise sales and fuel gallons, along with improved category performance and positive impacts on basket size and traffic. The company is planning approximately 25 remodels featuring fas craves food and beverage elements.
The company opened two new retail stores and one Dunkin' store in 2025. Three new retail stores are expected to open in 2026, of which two have already opened, along with three Dunkin' stores. ARKO is also targeting 20 new fleet fueling locations with openings during 2026.
As of December 31, 2025, ARKO operated 1,118 retail sites, down from 1,389 sites at the end of 2024. The reduction reflects conversions of retail sites to dealer locations, part of the company's strategic transformation. Capital expenditures for the year ended December 31, 2025 totaled $127.3 million, including the purchase of 23 fee properties for $23.6 million and investments in new retail stores and store remodeling.