ARKO Petroleum Declares $0.26 Quarterly Dividend Following February IPO
ARKO Petroleum Corp., a fuel wholesale and fleet fueling company, declared a quarterly dividend of $0.26 per share payable April 21. The payment represents a pro-rated distribution from the company's February 13 IPO through the end of the first quarter.
ARKO Petroleum Corp., a fuel wholesale and fleet fueling company, declared a quarterly dividend of $0.26 per share of common stock payable April 21, 2026 to stockholders of record as of April 10, 2026. The payment represents a pro-rated distribution from February 13, 2025, when the company completed its initial public offering, through the end of the first quarter of 2026. Read more dividend announcements.
The dividend is consistent with an expected annual dividend rate of $2.00 per share, which would represent an 11% to 10% yield at a share price of $18.50 to $19.50 per share, according to the company.
| Dividend Details | Date |
|---|---|
| Amount | $0.26 per share |
| Record Date | April 10, 2026 |
| Payment Date | April 21, 2026 |
| Frequency | Quarterly |
ARKO Petroleum completed its IPO in February 2026, selling 9,724,667 shares of Class A common stock, representing 26.4% of the economic interests in the company following the underwriters' exercise of their overallotment option in March. The company used approximately $206.7 million of net proceeds to reduce debt under its Capital One Line of Credit.
Business Operations
The company operates wholesale convenience stores that sell fuel and fleet fueling locations. During the fourth quarter of 2025, ARKO Petroleum converted 62 retail convenience stores from its controlling stockholder ARKO Corp. (Nasdaq: ARKO) to dealer locations in its wholesale segment. Total conversions for the full year 2025 reached 256 sites, bringing cumulative conversions since the program's inception in mid-2024 to 409 sites.
Since December 31, 2025, ARKO has approximately 120 additional sites committed under letter of intent, under contract, or already converted. The company expects these conversions to be completed, along with additional conversions, by the end of 2026.
ARKO Petroleum is targeting 20 new-to-industry fleet fueling locations with openings during 2026. One location opened in March 2026, and the company is currently advancing 13 additional sites.
Financial Position
As of December 31, 2025, the company's total liquidity stood at approximately $434.3 million, consisting of approximately $15.6 million in cash and cash equivalents and approximately $418.7 million of availability under its Capital One Line of Credit. Total debt, net was approximately $392.0 million.
Maintenance capital expenditures totaled $6.9 million for the year ended December 31, 2025, while growth capital expenditures reached $20.6 million, including the purchase of six fee properties for $6.5 million and investments in fuel dispensers and other site improvements.
"We remain focused on growing Adjusted EBITDA and our dividend over time and to deliver value to our stockholders," said Arie Kotler, Chairman, President and Chief Executive Officer of ARKO Petroleum.
Segment Details
The company's wholesale segment ended 2025 with 2,099 sites, up from 1,922 sites at the end of 2024. The fleet fueling segment grew to 295 sites from 280 sites over the same period. The increase in the wholesale segment was primarily driven by the conversion of ARKO retail sites to consignment or fuel supply locations.