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PHILADELPHIA - Aramark (NYSE:ARMK), a global food and facilities management services provider, announced Wednesday that its Board of Directors has approved a quarterly dividend of 10.5 cents per share of common stock.
The dividend will be payable on August 20, 2025, to stockholders of record at the close of business on August 6, 2025, according to a company press release.
Aramark provides food and facilities management services to educational institutions, Fortune 500 companies, sports teams, healthcare providers, cultural attractions, and municipalities across 16 countries worldwide.
The company’s shares are traded on the New York Stock Exchange under the ticker symbol ARMK.
In other recent news, Aramark Holdings reported its second-quarter earnings for 2025, slightly exceeding earnings per share (EPS) forecasts with a result of $0.34 against the expected $0.33. However, the company experienced a revenue shortfall, posting $4.28 billion compared to the anticipated $4.36 billion. RBC Capital Markets maintained an Outperform rating for Aramark, with a price target of $47.00, citing the company’s robust performance in adjusted operating income growth and promising international expansion strategies. Similarly, Citi raised its price target for Aramark to $46.50, maintaining a Buy rating, and highlighted the company’s impressive gross contract wins totaling $760 million in the first half of the fiscal year. UBS also reaffirmed its Buy rating, keeping the price target at $44.00, in anticipation of the company’s fiscal third-quarter results. Aramark’s recent expansion into the higher education sector includes new dining service contracts at six universities across the United States, enhancing its presence in the collegiate hospitality market. These developments underscore Aramark’s ongoing growth and strategic positioning in various sectors.
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