Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses. The company's Horse Racing segment operates year-round simulcasting of horse races, as well as wagering on live thoroughbred and quarter horse races on a seasonal basis. Its Card Casino segment offers unbanked card games, such as poker and table games. The company's Food and Beverage segment operates concession stands, restaurants and buffets, bars, and other food venues, as well as café style restaurants and full-service bars within the Card Casino and simulcast area. This segment also provides lounge services along with a buffet restaurant; various concession style food and beverages during live racing; and catering and events services. Its Development segment engages in various development opportunities, such as residential development, office, restaurants, hotel, entertainment, and retail operations. The company is also involved in the provision of related services and activities, such as parking, advertising signage, publication sales, and other entertainment events and activities. Canterbury Park Holding Corporation was founded in 1994 and is based in Shakopee, Minnesota.
Canterbury Park Dividend Announcement
• Canterbury Park announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-09-30
• Canterbury Park annual dividend for 2024 was $0.21
• Canterbury Park annual dividend for 2023 was $0.28
• Canterbury Park's trailing twelve-month (TTM) dividend yield is 1.48%
• Canterbury Park's payout ratio for the trailing twelve months (TTM) is 36.27%
Canterbury Park Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.07 | quarterly | 2024-10-14 |
2024-06-28 | $0.07 | quarterly | 2024-07-12 |
2024-03-27 | $0.07 | quarterly | 2024-04-12 |
2023-12-28 | $0.07 | quarterly | 2024-01-12 |
2023-09-28 | $0.07 | quarterly | 2023-10-13 |
2023-06-29 | $0.07 | quarterly | 2023-07-14 |
2023-03-30 | $0.07 | quarterly | 2023-04-14 |
2022-12-29 | $0.07 | quarterly | 2023-01-13 |
2022-09-29 | $0.07 | quarterly | 2022-10-14 |
2022-06-29 | $0.07 | quarterly | 2022-07-14 |
2022-03-30 | $0.07 | quarterly | 2022-04-14 |
2022-01-14 | $0.07 | quarterly | 2022-01-28 |
2019-12-30 | $0.07 | quarterly | 2020-01-15 |
2019-09-27 | $0.07 | quarterly | 2019-10-15 |
2019-06-27 | $0.07 | quarterly | 2019-07-15 |
2019-03-28 | $0.07 | quarterly | 2019-04-15 |
2018-12-27 | $0.07 | quarterly | 2019-01-15 |
2018-09-27 | $0.07 | quarterly | 2018-10-15 |
2018-06-28 | $0.07 | quarterly | 2018-07-13 |
2018-03-28 | $0.07 | quarterly | 2018-04-13 |
2017-12-28 | $0.06 | quarterly | 2018-01-15 |
2017-09-28 | $0.06 | quarterly | 2017-10-13 |
2017-06-28 | $0.06 | quarterly | 2017-07-14 |
2017-03-29 | $0.05 | quarterly | 2017-04-14 |
2016-12-28 | $0.05 | quarterly | 2017-01-13 |
2016-09-28 | $0.05 | quarterly | 2016-10-14 |
2016-06-16 | $0.25 | quarterly | 2016-06-30 |
2015-06-17 | $0.25 | quarterly | 2015-07-10 |
2012-12-13 | $0.25 | quarterly | 2012-12-31 |
2012-06-26 | $0.25 | quarterly | 2012-07-12 |
Canterbury Park Dividend per year
Canterbury Park Dividend growth
Canterbury Park Dividend Yield
Canterbury Park current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing Canterbury Park stock? Use our calculator to estimate your expected dividend yield:
Canterbury Park Financial Ratios
Canterbury Park Dividend FAQ
Other factors to consider when evaluating Canterbury Park as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Canterbury Park's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Canterbury Park publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Canterbury Park distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Canterbury Park are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Canterbury Park sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Canterbury Park distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Canterbury Park declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Canterbury Park's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Canterbury Park's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.