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Canterbury Park Holding Corporation Announces Quarterly Cash Dividend
CPHCCanterbury Park (CPHC) GlobeNewswire News Room·2024-06-12 19:30

Group 1 - Canterbury Park Holding Corporation announced a quarterly cash dividend of 0.07pershare,payableonJuly12,2024,tostockholdersofrecordonJune28,2024,resultinginanannualdividendof0.07 per share, payable on July 12, 2024, to stockholders of record on June 28, 2024, resulting in an annual dividend of 0.28 per common share [4] - The company owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, which is the only thoroughbred and quarter horse racing facility in the state [5] - Canterbury Park generally offers live racing from May to September and operates a casino that hosts card games 24/7, including poker and table games [5] Group 2 - The company is pursuing a strategy to enhance shareholder value through the development of approximately 140 acres of underutilized land surrounding the racetrack, originally designated for a project known as Canterbury Commons™ [5] - Canterbury Park is exploring several mixed-use development opportunities for the remaining underutilized land, both directly and through joint ventures [5]