Canterbury Park Holding Corporation (the “Company”) (NASDAQ: CPHC) today announced that the Company’s Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.06 per share that will be paid on October 13, 2017 to stockholders of record on September 29, 2017. At this quarterly rate, the annual dividend is equivalent to $0.24 per common share.
About Canterbury Park:
Canterbury
Park Holding Corporation (the Company) owns and operates Canterbury Park
Racetrack and Card Casino, Minnesota’s only thoroughbred and quarter
horse racing facility. The Company’s 2017 live race meet began May 5 and
concludes September 16. In addition, Canterbury Park’s Card Casino hosts
“unbanked” card games 24 hours a day, seven days a week, offering 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 facility in Shakopee, Minnesota. For more
information about the Company, please visit us at 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.
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Contacts:
Randy Sampson, 952-445-7223