SHAKOPEE, Minn., Dec. 14, 2018 /PRNewswire/ -- 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
$0.07 per share that will be paid on
January 15, 2019 to stockholders
of record on December 28, 2018.
At this quarterly rate, the annual dividend is equivalent to
$0.28 per common share.
About Canterbury Park:
Canterbury Park Holding
Corporation owns and operates Canterbury Park Racetrack and Card
Casino in Shakopee, Minnesota, the
only thoroughbred and quarter horse racing facility in the State.
The Company offers live racing from May to September. The Card
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
redeveloping 140 acres of underutilized land surrounding the
Racetrack in a project know as Canterbury Commons. The Company
is pursuing several mixed-use development opportunities for this
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.
CONTACT:
|
Randy
Sampson
|
|
(952)
445-7223
|
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SOURCE Canterbury Park Holding Corporation