Press Releases June 12, 2026 04:05 PM

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

Canterbury Park Holding Corporation Declares Quarterly Cash Dividend of $0.07 per Share

By Maya Rios
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CPHC

Canterbury Park Holding Corporation announced a quarterly cash dividend of $0.07 per share, scheduled for payment on July 14, 2026, to shareholders of record as of June 30, 2026. This results in an annualized dividend of $0.28 per common share. The company operates Canterbury Park Racetrack and Casino in Minnesota and is pursuing development opportunities on its underutilized land to enhance shareholder value.

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend
CPHC
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Key Points

  • Quarterly dividend of $0.07 per share announced, reflecting an annual dividend of $0.28 per share.
  • Canterbury Park operates the only thoroughbred and quarter horse racing facility in Minnesota and runs a 24/7 casino with various games.
  • The company is actively pursuing mixed-use development projects on approximately 140 acres of underutilized land surrounding the racetrack to enhance shareholder value.

Shakopee, Minn., June 12, 2026 (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 July 14, 2026 to stockholders of record on June 30, 2026. 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                                                                                                  Joe Jaffoni, Christin Armacost
Senior Vice President and Chief Financial Officer                                            JCIR
Canterbury Park Holding Corporation                                                               212-835-8500 or [email protected]
952-233-4828 or [email protected]


Risks

  • Future financial performance and dividend payments are subject to uncertainties and risks as outlined in the company's SEC filings.
  • Development projects on underutilized land may face challenges or delays impacting expected shareholder value enhancement.
  • The company's business depends on the success of horse racing and casino operations, which can be influenced by regulatory and market conditions.

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