Canterbury Park Holding Corporation (CPHC) to Issue Quarterly Dividend of $0.07 on October 14th

Canterbury Park Holding Corporation (NASDAQ:CPHC) declared a quarterly dividend on Monday, September 14th. Investors of record on Wednesday, September 30th will be paid a dividend of 0.07 per share on Wednesday, October 14th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Wednesday, September 30th.

Canterbury Park Stock Down 0.8%

CPHC stock opened at $15.76 on Wednesday. The company’s 50-day moving average price is $15.71 and its two-hundred day moving average price is $15.70. The firm has a market cap of $81.64 million, a P/E ratio of 788.00 and a beta of -0.39. Canterbury Park has a 12 month low of $14.39 and a 12 month high of $17.43.

Canterbury Park (NASDAQ:CPHC) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $16.17 million for the quarter. Canterbury Park had a net margin of 0.20% and a return on equity of 0.14%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of Canterbury Park from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, August 14th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Canterbury Park Company Profile

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.