Canterbury Park Holding Corporation announces a quarterly dividend of $0.07 per share, payable January 14, 2026.
Quiver AI Summary
Canterbury Park Holding Corporation announced a quarterly cash dividend of $0.07 per share, which will be paid on January 14, 2026, to stockholders of record by December 31, 2025. This dividend amounts to an annual rate of $0.28 per share. The company operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, the state's only thoroughbred and quarter horse racing venue, offering live racing from May to September and 24/7 casino gaming. Additionally, Canterbury Park is working on developing approximately 140 acres of underutilized land around the racetrack for mixed-use opportunities. Investors are cautioned that forward-looking statements in the release may differ from actual performance due to various risks and uncertainties.
Potential Positives
- Approval of a quarterly cash dividend of $0.07 per share indicates financial stability and commitment to returning value to shareholders.
- The annual dividend of $0.28 per common share may attract potential investors looking for income-generating stocks.
- Ongoing development of approximately 140 acres of underutilized land suggests potential for future growth and enhancement of shareholder value.
Potential Negatives
- The declared quarterly cash dividend of $0.07 per share may indicate a limited ability to return value to shareholders, which could raise concerns about the company's financial health.
- The announcement of a cash dividend implies that the company may have limited funds available for reinvestment in growth opportunities, particularly with ongoing development projects.
FAQ
What is the dividend announced by Canterbury Park Holding Corporation?
Canterbury Park has approved a quarterly cash dividend of $0.07 per share, payable on January 14, 2026.
When will the cash dividend be distributed?
The cash dividend will be paid on January 14, 2026, to stockholders of record on December 31, 2025.
How much is the annual dividend per share for Canterbury Park?
The annual dividend is equivalent to $0.28 per common share at the current quarterly rate.
What entertainment options does Canterbury Park offer?
Canterbury Park features live racing, a 24/7 casino, year-round simulcast wagering, and various special events.
What future developments is Canterbury Park pursuing?
The Company is developing underutilized land for mixed-use projects, aiming to enhance shareholder value.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CPHC Revenue
$CPHC had revenues of $18.3M in Q3 2025. This is a decrease of -5.03% from the same period in the prior year.
You can track CPHC financials on Quiver Quantitative's CPHC stock page.
$CPHC Hedge Fund Activity
We have seen 5 institutional investors add shares of $CPHC stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KRILOGY FINANCIAL LLC added 10,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $163,900
- ROYAL BANK OF CANADA removed 8,088 shares (-98.8%) from their portfolio in Q3 2025, for an estimated $132,562
- BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C. added 4,402 shares (+0.5%) to their portfolio in Q2 2025, for an estimated $82,977
- GATE CITY CAPITAL MANAGEMENT, LLC added 1,746 shares (+0.4%) to their portfolio in Q3 2025, for an estimated $28,616
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 1,723 shares (-12.9%) from their portfolio in Q3 2025, for an estimated $28,239
- APTUS CAPITAL ADVISORS, LLC removed 1,300 shares (-3.0%) from their portfolio in Q3 2025, for an estimated $21,307
- GUARDIAN WEALTH ADVISORS, LLC / NC removed 1,300 shares (-3.0%) from their portfolio in Q3 2025, for an estimated $21,307
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SHAKOPEE, Minn., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or 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 14, 2026 to stockholders of record on December 31, 2025. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share.
About Canterbury Park
Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. The Company generally offers live racing from May to September. The 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 also pursuing a strategy to enhance shareholder value by the ongoing development of approximately 140 acres of underutilized land surrounding the Racetrack that was originally designated for a project known as Canterbury Commons™. The Company is pursuing several mixed-use development opportunities for the remaining underutilized 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.
Investor Contacts:
Randy Dehmer
Senior Vice President and Chief Financial Officer
Canterbury Park Holding Corporation
952-233-4828 or
[email protected]
Richard Land, Jim Leahy
JCIR
212-835-8500 or
[email protected]
