 Ark Restaurants Corp. Nasdaq: ARKR today announced that, in light of the unprecedented circumstances and rapidly changing situation with respect to the coronavirus disease COVID-19, as part of an overall plan to preserve cash flow, the Board of Directors has determined that it is appropriate for the Company to defer payment of the dividend that was declared on March 2, 2020. Payment of such dividend, which was scheduled for April 6, 2020 to shareholders of record on March 16, 2020, will be deferred until such time as the Board of Directors determines that payment is appropriate. Management is taking all necessary and appropriate actions during this uncertain time to protect the ongoing operations of the business which includes significant reductions in operating expenses to reflect reduced sales levels as well as eliminating all non-essential spending. 