Aramark(NYSE:ARMK) Declares Dividend of $0.0950.

Aramark (NYSE:ARMK) had declared a cash dividend of $0.0950 on Aug 3, 2016. The shares will quote ex-dividend on Aug 12, 2016 and the record date has been fixed for Aug 16, 2016. On Aug 3, 2016 share price, the yield comes out to be 1.0698%. The dividend payable date has been fixed on Sep 6, 2016.

Aramark (ARMK) shares turned negative on Fridays trading session with the shares closing down -0.015 points or -0.04% at a volume of 15,58,538. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $37.78. The peak price level was also seen at $37.78 while the days lowest was $37.29. Finally the shares closed at $37.63. The 52-week high of the shares is $37.825 while the 52-week low is $28.09. According to the latest information available, the market cap of the company is $9,178 M.

Aramark(ARMK) last announced its earnings results on May 11, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $3.58B. Analysts had an estimated revenue of $3.65B. Earnings per share were $0.39. Analysts had estimated an EPS of $0.38.

Several Insider Transactions has been reported to the SEC. On Jun 3, 2016, Lynn Mckee (EVP, Human Resources) sold 125,000 shares at $33.26 per share price.Also, On Jun 1, 2016, Stephen R Reynolds (EVP, GC and Secretary) sold 93,750 shares at $33.17 per share price.On Aug 25, 2015, Todd M Abbrecht (director) sold 8,725,722 shares at $32.30 per share price, according to the Form-4 filing with the securities and exchange commission.

Aramark formerly ARAMARK Holdings Corporation is a global provider of food facilities and uniform services to education healthcare business and industry and sports leisure and corrections clients. The Company’s core market is North America. It serves students patients employees sports fans and guests worldwide. It serves over 500 million meals annually to approximately five million students at colleges universities and K-12 schools services over 2000 healthcare facilities caters to approximately 100 million sports fans and operates in 22 countries in North America Europe Asia and South America as of September 28 2012. It operates in three reportable segments: food and Support Services North America or FSS North America Food and Support Services International or FSS International and Uniform and Career Apparel or Uniform.

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