Canterbury Park Holding Corporation Declares Quarterly Dividend of $0.07 (NASDAQ:CPHC)

Canterbury Park Holding Corporation (NASDAQ:CPHC) declared a quarterly dividend on Friday, June 12th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.07 per share on Tuesday, July 14th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, June 30th.

Canterbury Park Stock Up 7.3%

NASDAQ CPHC opened at $16.84 on Friday. Canterbury Park has a twelve month low of $14.39 and a twelve month high of $21.61. The business has a 50-day moving average price of $15.79 and a 200-day moving average price of $15.55. The firm has a market cap of $86.73 million, a price-to-earnings ratio of -1,684.00 and a beta of -0.39.

Canterbury Park (NASDAQ:CPHC) last issued its earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter. Canterbury Park had a negative return on equity of 0.07% and a negative net margin of 0.10%.The company had revenue of $13.51 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Canterbury Park from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 16th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

About Canterbury Park

Canterbury Park Holding Corp. engages in hosting and managing pari mutuel wagering activities. It operates through the following business segments: Horse Racing, Card Casino, Food & Beverage and Development. The Horse Racing segment includes simulcast and live horse racing operations. The Card Casino segment holds unbanked card games, poker and table games. The Food and Beverage segment consists of concession stands, restaurant and buffet, bars, and other food venues. The Development segment owns land for racetrack operations.