Canterbury Park Holding Corporation (CPHC) has announced its upcoming quarterly dividend. The ex-dividend date is Jun 30, 2025, with the dividend payable on Jul 14, 2025, at a rate of $0.07 per share. This figure is lower than the average of the last ten dividends, which stood at $0.090 per share. The dividend type is a cash dividend, with the previous dividend paid on Apr 14, 2025, also at $0.07 per share, following the same cash dividend type.
Recently,
Corporation's stock performance has been noteworthy. Over the past week, it has been reported that Canterbury Park's shares have underperformed the broader Zacks Gaming industry, showing a decline of 4.8% compared to a 23.7% rise in the industry. This microcap company, with a market capitalization of approximately $95.60 million, has faced challenges in keeping pace with industry trends.
In other recent news,
Holding has announced several upcoming events, including Wednesday Night Racing on Jul 2, 2025, and Dinosaur Adventure on Jun 21, 2025. These events are part of the company's efforts to attract visitors and enhance its market presence. Furthermore, analysts have highlighted Canterbury Park in discussions about the gaming industry's future, focusing on its unique offerings and potential for growth despite recent stock performance.
As of late, the company's fundamentals have been under scrutiny, with analysts indicating concerns over its financial health and operational efficiency. This scrutiny includes assessments of its balance sheets, cash flows, and revenue streams, all critical for understanding its future potential and market performance.
In conclusion, Canterbury Park Holding Corporation is approaching a significant date with its ex-dividend date set for Jun 30, 2025. This date is crucial for investors, marking the last day to purchase the company's stock and receive the upcoming dividend. Any acquisitions made post-ex-dividend date will not qualify for this dividend cycle.
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