Canterbury Park Holding Corporation Announces Special Cash Dividend
06 June 2015 - 2:54AM
Business Wire
Canterbury Park Holding Corporation (NASDAQ:CPHC) today
announced that its Board of Directors have declared a cash dividend
of $.25 per share of common stock. The dividend will be payable to
shareholders of record on June 19, 2015 and will be distributed on
July 10, 2015. The Company currently has approximately 4,220,381
shares of common stock outstanding.
The Company has not adopted any plan or policy with regard to
paying dividends. Future dividend action by our Board, if any,
following payment of the July 10, 2015 dividend, will be based on
the Company’s earnings, projected future earnings and cash
requirements when such dividend action is next considered.
About Canterbury Park:Canterbury Park Holding Corporation
owns and operates Canterbury Park Racetrack, Minnesota’s only
thoroughbred and quarter horse racing facility. The Company’s
70-day 2015 live race meet begins on May 15 and ends September 12.
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, MN. 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, the 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 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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Canterbury Park Holding CorporationRandy Sampson,
952-445-7223
Canterbury Park (NASDAQ:CPHC)
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