UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2020
___________________
Commission File Number: 001-35129
Arcos Dorados Holdings Inc.
(Exact name of registrant as specified in its charter)
Dr. Luis Bonavita 1294, Office 501
Montevideo, Uruguay, 11300 WTC Free Zone
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F | X | Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes | No | X |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes | No | X |
ARCOS DORADOS HOLDINGS INC.
TABLE OF CONTENTS
ITEM | |
1. | Press Release dated March 4, 2020 titled “Arcos Dorados Announces Dividend Payment” |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Arcos Dorados Holdings Inc. | |||||
By: | /s/ Juan David Bastidas | ||||
Name: | Juan David Bastidas | ||||
Title: | Chief Legal Counsel |
Date: March 4, 2020
Item 1
FOR IMMEDIATE RELEASE |
ARCOS DORADOS ANNOUNCES DIVIDEND PAYMENT
Montevideo, Uruguay, March 4, 2020 – Arcos Dorados Holdings Inc. (NYSE: ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, today announced that on March 3, 2020, the Board of Directors approved a total dividend cash payment for the 2020 fiscal year of US$0.11 cents per Class A and Class B share, to be paid in three installments of US$0.05 cents, US$0.03 cents and US$0.03 cents per Class A and Class B share, respectively. The first cash dividend payment amounting to US$0.05 per Class A and Class B share will be distributed on April 10, 2020, to shareholders of record at the close of business on April 7, 2020.
Subsequent dividends will be distributed according to the following payment schedule:
Record Date* | Payment Date | Amount of Dividend Per Share |
August 10, 2020 | August 13, 2020 | Three Cents (US$0.03) |
December 7, 2020 | December 10, 2020 | Three Cents (US$0.03) |
* Shareholders of record at the close of business.
Investor Relations Contact
Dan Schleiniger
VP of Investor Relations
Arcos Dorados
daniel.schleiniger@ar.mcd.com
Media Contact
InspIR Group
Ivan Peill
ivan@inspirgroup.com
+1 (212) 710 9686
About Arcos Dorados
Arcos Dorados is the world’s largest independent McDonald’s franchisee in terms of systemwide sales and number of restaurants, operating the largest quick service restaurant chain in Latin America and the Caribbean. It has the exclusive right to own, operate and grant franchises of McDonald’s restaurants in 20 Latin American and Caribbean countries and territories, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French Guyana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, St. Croix, St. Thomas, Trinidad & Tobago, Uruguay and Venezuela. The Company operates or franchises over 2,200 McDonald’s-branded restaurants with over 90,000 employees and is recognized as one of the best companies to work for in Latin America. Arcos Dorados is traded on the New York Stock Exchange (NYSE: ARCO). To learn more about the Company, please visit the Investors section of our website:www.arcosdorados.com/ir