Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

Rhea-AI Summary

Canterbury Park Holding (NASDAQ: CPHC) declared a quarterly cash dividend of $0.07 per share, payable July 14, 2026 to shareholders of record on June 30, 2026.

At this rate, the annual dividend equals $0.28 per share, aligned with the company’s stated dividend policy.

Positive

• Board approved quarterly cash dividend of $0.07 per share
• Annualized dividend equates to $0.28 per common share

Negative

• None.

News Market Reaction – CPHC

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In the Jun 15 session, CPHC declined 0.50%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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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 cphc@jcir.com
952-233-4828 or investorrelations@canterburypark.com

FAQ

What quarterly dividend did Canterbury Park Holding (NASDAQ: CPHC) declare on June 12, 2026?

Canterbury Park Holding declared a quarterly cash dividend of $0.07 per share. According to the company, this dividend follows its dividend policy and reflects an annualized rate of $0.28 per common share for eligible shareholders.

When is the record date and payment date for Canterbury Park Holding’s July 2026 dividend (CPHC)?

Shareholders of Canterbury Park Holding on June 30, 2026 will receive the dividend on July 14, 2026. According to the company, only stockholders of record on the June 30 record date qualify for the $0.07 per share cash dividend.

What is the annualized dividend rate for Canterbury Park Holding (CPHC) after the June 2026 announcement?

At the approved quarterly rate, Canterbury Park Holding’s annual dividend equals $0.28 per share. According to the company, this figure simply annualizes the $0.07 quarterly dividend declared for shareholders of record on June 30, 2026.

How does Canterbury Park Holding generate revenue to support its dividend policy (CPHC)?

Canterbury Park Holding operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota. According to the company, it offers live racing, 24/7 card casino games, simulcast wagering, and various entertainment events, while also pursuing mixed-use development of approximately 140 acres of underutilized land.

What development strategy is Canterbury Park Holding (CPHC) pursuing around its racetrack property?

Canterbury Park Holding is pursuing mixed-use development on about 140 acres of underutilized land surrounding its racetrack. According to the company, these projects, some via joint ventures, aim to enhance shareholder value beyond racetrack and casino operations originally linked to Canterbury Commons.

Are Canterbury Park Holding’s future dividends (CPHC) guaranteed at the current rate?

Future dividends are not guaranteed at the current rate. According to Canterbury Park, forward-looking statements about future dividends are subject to risks and uncertainties outlined in its SEC filings, which could cause actual dividend levels to differ from current expectations.