International Speedway Corporation Selected to NASDAQ US Broad Dividend Achievers™ Index
March 15 2016 - 4:30PM
International Speedway Corporation (NASDAQ:ISCA)
(OTC Bulletin Board:ISCB)
("ISC") today announced
it has been selected to NASDAQ US Broad Dividend Achievers™ Index
(Nasdaq:DAA), effective prior to market open Monday, March 21,
2016.
“We are pleased to join the elite group of successful companies
that make up the Nasdaq US Broad Dividend Achievers™ Index,” said
ISC CEO Lesa France Kennedy. “In 2015, our dividend was $0.26 per
share, an increase of 333% compared to 2005, demonstrating ISC’s
strong track record and commitment to delivering shareholder
value.”
Launched December 5, 2003, the NASDAQ US Broad Dividend
Achievers™ Index is comprised of US accepted securities with at
least ten consecutive years of increasing annual regular dividend
payments. The NASDAQ US Broad Dividend Achievers™ Index is reviewed
on an annual basis. For more information about the NASDAQ US Broad
Dividend Achievers™ Index, including detailed eligibility criteria,
visit indexes.nasdaqomx.com.
International Speedway Corporation is a leading promoter of
motorsports activities, currently promoting more than 100 racing
events annually as well as numerous other motorsports-related
activities. The Company owns and/or operates 13 of the
nation’s major motorsports entertainment facilities, including
Daytona International Speedway® in Florida (home of the DAYTONA
500®); Talladega Superspeedway® in Alabama; Michigan International
Speedway® located outside Detroit; Richmond International Raceway®
in Virginia; Auto Club Speedway of Southern CaliforniaSM near Los
Angeles; Kansas Speedway® in Kansas City, Kansas; Phoenix
International Raceway® in Arizona; Chicagoland Speedway® and Route
66 RacewaySM near Chicago, Illinois; Homestead-Miami
SpeedwaySM in Florida; Martinsville Speedway® in Virginia;
Darlington Raceway® in South Carolina; and Watkins Glen
International® in New York.
The Company also owns and operates Motor Racing NetworkSM, the
nation's largest independent sports radio network and Americrown
Service CorporationSM, a subsidiary that provides catering
services, and food and beverage concessions. In addition, the
Company has a 50 percent interest in the Hollywood Casino at Kansas
Speedway. For more information, visit the Company's Web site
at www.internationalspeedwaycorporation.com.
Statements made in this release that express the Company's or
management's beliefs or expectations and which are not historical
facts or which are applied prospectively are forward-looking
statements. It is important to note that the Company's actual
results could differ materially from those contained in or implied
by such forward-looking statements. The Company's results could be
impacted by risk factors, including, but not limited to, weather
surrounding racing events, government regulations, economic
conditions, consumer and corporate spending, military actions, air
travel and national or local catastrophic events. Additional
information concerning factors that could cause actual results to
differ materially from those in the forward-looking statements is
contained from time to time in the Company's SEC filings including,
but not limited to, the 10-K and subsequent 10-Qs. Copies of those
filings are available from the Company and the SEC. The Company
undertakes no obligation to release publicly any revisions to these
forward-looking statements that may be needed to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this
release does not constitute an admission by International Speedway
or any other person that the events or circumstances described in
such statement are material.
CONTACT:
Investor Relations
(386) 681-6516
International Speedway (NASDAQ:ISCA)
Historical Stock Chart
From Jul 2024 to Aug 2024
International Speedway (NASDAQ:ISCA)
Historical Stock Chart
From Aug 2023 to Aug 2024