Canterbury Park Holding Corporation Announces Quarterly Cash Dividend
Canterbury Park Holding (NASDAQ: CPHC) has declared a quarterly cash dividend of $0.07 per share, payable on April 14, 2025, to stockholders of record on March 31, 2025. The annual dividend amounts to $0.28 per common share.
The company owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, offering live thoroughbred and quarter horse racing from May to September. The facility features 24/7 casino operations with poker and table games, alongside simulcast horse racing and various entertainment events.
Canterbury is currently developing approximately 140 acres of underutilized land surrounding the Racetrack through mixed-use development opportunities, both directly and through joint ventures, as part of their strategy to enhance shareholder value.
Canterbury Park Holding (NASDAQ: CPHC) ha dichiarato un dividendo in contante trimestrale di $0.07 per azione, pagabile il 14 aprile 2025, agli azionisti registrati il 31 marzo 2025. Il dividendo annuale ammonta a $0.28 per azione ordinaria.
L'azienda possiede e gestisce il Canterbury Park Racetrack e Casino a Shakopee, Minnesota, offrendo corse di cavalli purosangue e quarter horse dal maggio a settembre. La struttura offre operazioni di casinò aperte 24 ore su 24 con poker e giochi da tavolo, insieme a corse di cavalli in simulcast e vari eventi di intrattenimento.
Canterbury sta attualmente sviluppando circa 140 acri di terreni sottoutilizzati intorno al Racetrack attraverso opportunità di sviluppo a uso misto, sia direttamente che tramite joint venture, come parte della loro strategia per aumentare il valore per gli azionisti.
Canterbury Park Holding (NASDAQ: CPHC) ha declarado un dividendo en efectivo trimestral de $0.07 por acción, pagadero el 14 de abril de 2025, a los accionistas registrados el 31 de marzo de 2025. El dividendo anual asciende a $0.28 por acción ordinaria.
La compañía posee y opera el Canterbury Park Racetrack y Casino en Shakopee, Minnesota, ofreciendo carreras en vivo de caballos pura sangre y quarter horse de mayo a septiembre. La instalación cuenta con operaciones de casino las 24 horas, con póker y juegos de mesa, además de carreras de caballos en simulcast y varios eventos de entretenimiento.
Canterbury está desarrollando actualmente aproximadamente 140 acres de terrenos subutilizados alrededor del Racetrack a través de oportunidades de desarrollo de uso mixto, tanto directamente como a través de empresas conjuntas, como parte de su estrategia para aumentar el valor para los accionistas.
캔터베리 파크 홀딩 (NASDAQ: CPHC)는 주당 $0.07의 분기 현금 배당금을 선언했으며, 2025년 4월 14일에 2025년 3월 31일 기준 주주에게 지급됩니다. 연간 배당금은 보통주당 $0.28입니다.
회사는 미네소타주 샤코피에 위치한 캔터베리 파크 경마장과 카지노를 소유하고 운영하며, 5월부터 9월까지 라이브 경주를 제공합니다. 이 시설은 24시간 운영되는 카지노와 포커 및 테이블 게임, 그리고 시뮬캐스트 경마 및 다양한 엔터테인먼트 이벤트를 제공합니다.
캔터베리는 현재 경마장 주변의 140에이커의 저활용 토지를 혼합 용도 개발 기회를 통해 개발 중이며, 직접 및 합작 투자 방식으로 주주 가치를 높이기 위한 전략의 일환으로 진행하고 있습니다.
Canterbury Park Holding (NASDAQ: CPHC) a déclaré un dividende en espèces trimestriel de 0,07 $ par action, payable le 14 avril 2025, aux actionnaires inscrits au 31 mars 2025. Le dividende annuel s'élève à 0,28 $ par action ordinaire.
L'entreprise possède et exploite le Canterbury Park Racetrack et Casino à Shakopee, Minnesota, offrant des courses de chevaux pur-sang et quarter horse en direct de mai à septembre. L'établissement propose des opérations de casino 24h/24 et 7j/7 avec du poker et des jeux de table, ainsi que des courses de chevaux en simulcast et divers événements de divertissement.
Canterbury développe actuellement environ 140 acres de terres sous-utilisées autour de la piste de course grâce à des opportunités de développement à usage mixte, à la fois directement et par le biais de coentreprises, dans le cadre de sa stratégie visant à accroître la valeur pour les actionnaires.
Canterbury Park Holding (NASDAQ: CPHC) hat eine vierteljährliche Bar-Dividende von $0.07 pro Aktie erklärt, die am 14. April 2025 an die Aktionäre ausgezahlt wird, die am 31. März 2025 im Aktienregister stehen. Die jährliche Dividende beträgt $0.28 pro Stammaktie.
Das Unternehmen besitzt und betreibt die Canterbury Park Rennbahn und das Casino in Shakopee, Minnesota, und bietet von Mai bis September Live-Pferderennen mit Vollblütern und Quarter Horses an. Die Einrichtung bietet 24/7 Casino-Betrieb mit Poker und Tischspielen sowie Simulcast-Pferderennen und verschiedene Unterhaltungsveranstaltungen.
Canterbury entwickelt derzeit etwa 140 Acres untergenutztes Land rund um die Rennbahn durch gemischte Entwicklungsprojekte, sowohl direkt als auch durch Joint Ventures, als Teil ihrer Strategie zur Steigerung des Aktionärswerts.
- Regular dividend payments indicate stable cash flow
- Diversified revenue streams from racing, casino, and real estate development
- Strategic development of 140 acres of land presents growth potential
- Quarterly dividend remains relatively modest at $0.07 per share
- Racing operations to seasonal schedule (May to September)
SHAKOPEE, Minn., March 13, 2025 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company’s Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of
About Canterbury Park
Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. The Company generally offers live racing from May to September. The Casino hosts card games 24 hours a day, seven days a week, dealing both poker and table games. The Company also conducts year-round wagering on simulcast horse racing and hosts a variety of other entertainment and special events at its Shakopee facility. The Company is also pursuing a strategy to enhance shareholder value by the ongoing development of approximately 140 acres of underutilized land surrounding the Racetrack that was originally designated for a project known as Canterbury Commons™. The Company is pursuing several mixed-use development opportunities for the remaining underutilized land, directly and through joint ventures. For more information about the Company, please visit www.canterburypark.com.
Cautionary Statement
From time to time, in press releases and in other communications to shareholders or the investing public, Canterbury Park Holding Corporation may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans based on management’s beliefs and assumptions. These forward looking statements are typically preceded by the words such as "believes," "expects," "anticipates," "intends" or similar expressions. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties, including those disclosed in our periodic filings with the Securities and Exchange Commission, which could cause actual performance, activities, future dividends or plans after the date the statements are made to differ significantly from those indicated in the forward-looking statements when made.
| Investor Contacts: | |
| Randy Dehmer | Richard Land, Jim Leahy |
| Senior Vice President and Chief Financial Officer | JCIR |
| Canterbury Park Holding Corporation | 212-835-8500 or cphc@jcir.com |
| 952-233-4828 or investorrelations@canterburypark.com |
FAQ
What is the dividend amount and payment date for Canterbury Park's (CPHC) latest quarterly dividend?
What is the annual dividend yield for Canterbury Park (CPHC) based on the latest announcement?
What development projects is Canterbury Park (CPHC) currently pursuing?
What are the main business operations of Canterbury Park (CPHC)?
