Dover Motorsports, Inc. Declares Semi-Annual Dividend

Rhea-AI Summary

Dover Motorsports, Inc. (NYSE: DVD) has announced a semi-annual cash dividend of $0.04 per share on its common stock. This dividend will be payable on June 10, 2021, to shareholders of record by the close of business on May 10, 2021. The company promotes NASCAR-sanctioned motorsports events and operates the Dover International Speedway and Nashville Superspeedway.

Positive

• Declaration of a semi-annual cash dividend of $0.04 per share.
• Demonstrates financial confidence and commitment to returning income to shareholders.

Negative

• None.

Dover Motorsports, Inc. (NYSE: DVD) Board of Directors today declared a semi-annual cash dividend on both classes of common stock of $.04 per share. The dividend will be payable on June 10, 2021 to shareholders of record at the close of business on May 10, 2021.

Dover Motorsports, Inc. is a promoter of NASCAR sanctioned motorsports events in the United States whose subsidiaries own and operate Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. For further information, log on to dovermotorsports.com.

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FAQ

What is the dividend amount for Dover Motorsports (DVD)?

Dover Motorsports has declared a dividend of $0.04 per share.

When is the dividend payment date for DVD?

The dividend will be payable on June 10, 2021.

What is the record date for receiving the dividend from Dover Motorsports?

Shareholders must be on record by the close of business on May 10, 2021.

How often does Dover Motorsports pay dividends?

Dover Motorsports pays dividends semi-annually.

Is the dividend sustainable for Dover Motorsports (DVD)?

The sustainability of the dividend depends on the company's financial performance, which is not detailed in the release.