Canterbury Park Holding Corporation (CPHC) to Issue Quarterly Dividend of $0.06 on January 15th

Canterbury Park Holding Corporation (NASDAQ:CPHC) announced a quarterly dividend on Monday, December 18th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be paid a dividend of 0.06 per share on Monday, January 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.50%. The ex-dividend date is Thursday, December 28th.

Shares of Canterbury Park (NASDAQ CPHC) remained flat at $$16.00 on Friday. 390 shares of the company’s stock traded hands, compared to its average volume of 13,780. The stock has a market cap of $70.35, a PE ratio of 24.62 and a beta of 0.25. Canterbury Park has a 1-year low of $9.80 and a 1-year high of $17.55.

Canterbury Park (NASDAQ:CPHC) last released its earnings results on Monday, November 13th. The company reported $0.22 EPS for the quarter. The company had revenue of $17.67 million during the quarter. Canterbury Park had a return on equity of 7.62% and a net margin of 5.08%.

In other news, Director Burton F. Dahlberg sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $16.46, for a total value of $115,220.00. Following the completion of the transaction, the director now owns 16,709 shares in the company, valued at approximately $275,030.14. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 41.80% of the company’s stock.

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About Canterbury Park

Canterbury Park Holding Corporation conducts pari-mutuel wagering operations and hosts unbanked card games at its Canterbury Park Racetrack and Card Casino facility in Shakopee, Minnesota. The Company’s pari-mutuel wagering operations include both wagering on thoroughbred and quarter horse races during live meets at the Racetrack and year-round wagering on races held at out-of-state racetracks that are televised simultaneously at the Racetrack.

Dividend History for Canterbury Park (NASDAQ:CPHC)

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