ARKO Petroleum Declares $0.03 Quarterly Dividend
ARKO Petroleum Corp., a convenience store and fuel retailer, declared a quarterly dividend of $0.03 per share. The dividend will be paid March 20, 2026 to shareholders of record as of March 10, 2026.
ARKO Petroleum Corp., a convenience store and fuel retailer operating over 1,100 company-controlled locations, declared a quarterly dividend of $0.03 per share of common stock. The Board of Directors approved the payment at its recent meeting. Read more dividend announcements.
Shareholders of record as of March 10, 2026 will receive the dividend on March 20, 2026. The company did not specify an ex-dividend date.
| Dividend Details | Information |
|---|---|
| Amount | $0.03 per share |
| Record Date | March 10, 2026 |
| Payment Date | March 20, 2026 |
| Frequency | Quarterly |
The dividend declaration comes as ARKO reported improved fourth quarter results for 2025, with adjusted EBITDA increasing approximately 16% quarter-over-quarter. The company completed several store remodels under its new fas craves format, which showed double-digit increases in merchandise sales and fuel gallons at early locations.
Balance Sheet and Liquidity
As of December 31, 2025, ARKO held total liquidity of approximately $888 million, consisting of $305 million in cash and cash equivalents and $583 million in available credit. Outstanding debt stood at approximately $912 million, resulting in net debt of approximately $607 million.
The company strengthened its balance sheet in February through an IPO of its wholesale business, APC, using proceeds to repay approximately $184 million of debt under its Capital One credit facility.
Share Repurchase Activity
During the fourth quarter of 2025, ARKO repurchased approximately 1.7 million shares of common stock for approximately $7.2 million, or an average price of $4.28 per share. The repurchases exhausted the remaining availability under the company's current share repurchase program.
Store Network
ARKO operated 1,118 company-controlled retail sites as of December 31, 2025, down from 1,389 sites a year earlier. The company converted 256 locations to consignment or fuel supply arrangements during 2025 as part of its strategic shift toward a dealer model.
The company opened two new-to-industry retail stores in 2025 and expects to open three NTI retail stores in 2026, two of which have already opened. ARKO is also targeting 20 new fleet fueling locations during 2026.
Capital expenditures totaled $127.3 million for the full year 2025, including the purchase of 23 fee properties for $23.6 million and investments in store remodels and new locations.