Canterbury Park Holding Corporation (CPHC) Dividends
Dividend Yield and Dividend History Highlights
- CPHC reports a compound annual dividend growth rate of -0.63% over the past 5.5 years.
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -251.15 -- higher than merely 1.14% of other dividend issuers in the US.
- In terms of absolute dollars distributed to common shareholders over the past 12 months, CPHC has returned $4,642 US dollars, more than just 0.26% of US dividend issuers.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CPHC's price: OLED, OFED, NYT, CAAS and PNM.
CPHC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $23.29 | $3.59 | -82.76% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for CPHC, the DDM model, as implemented by StockNews, implies a negative return of 82.76% relative to its current price. Digging deeper, the aspects of Canterbury Park Holding Corp's dividend discount model that we found most interesting were:
- Beta, a measure of volatility relative to the stock market overall, is lower for Canterbury Park Holding Corp than it is for 98.83% of other dividend issuers in the Consumer Cyclical sector.
- CPHC's market cap of approximately $106 million makes it a small-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 5.74% of them.
- In terms of who is growing the amount of dividends they return to shareholders, Canterbury Park Holding Corp has been increasing its dividends at a faster rate than just 0.14% of US-listed dividend-issuing stocks we observed.
CPHC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-27 | Dividend | $0.07 | -- |
| 2023-12-28 | Dividend | $0.07 | -- |
| 2023-09-28 | Dividend | $0.07 | -- |
| 2023-06-29 | Dividend | $0.07 | -- |
| 2023-03-30 | Dividend | $0.07 | -- |
| 2022-12-29 | Dividend | $0.07 | -- |
| 2022-09-29 | Dividend | $0.07 | -- |
| 2022-06-29 | Dividend | $0.07 | -- |
| 2022-03-30 | Dividend | $0.07 | -- |
| 2022-01-14 | Dividend | $0.07 | -- |
| 2019-12-30 | Dividend | $0.07 | -- |
| 2019-09-27 | Dividend | $0.07 | -- |
| 2019-06-27 | Dividend | $0.07 | -- |
| 2019-03-28 | Dividend | $0.07 | -- |
| 2018-12-27 | Dividend | $0.07 | -- |
| 2018-09-27 | Dividend | $0.07 | -- |
| 2018-06-28 | Dividend | $0.07 | -- |
| 2018-03-28 | Dividend | $0.07 | +16.67% |
| 2017-12-28 | Dividend | $0.06 | -- |
| 2017-09-28 | Dividend | $0.06 | -- |
| 2017-06-28 | Dividend | $0.06 | +20.00% |
| 2017-03-29 | Dividend | $0.05 | -- |
| 2016-12-28 | Dividend | $0.05 | -- |
| 2016-09-28 | Dividend | $0.05 | -80.00% |
| 2015-06-17 | Dividend | $0.25 | -- |
| 2012-12-13 | Dividend | $0.25 | -- |
| 2012-06-26 | Dividend | $0.25 | -- |
| 2008-06-18 | Dividend | $0.25 | -- |
| 2007-06-20 | Dividend | $0.25 | -- |
| 2006-06-21 | Dividend | $0.25 | -- |
| 2005-06-15 | Dividend | $0.25 | -- |
| 2004-06-23 | Dividend | $0.25 | +66.67% |
| 2003-06-25 | Dividend | $0.15 | -- |
CPHC Dividends vs. Peers
CPHC's dividend yield currently ranks #8 of 43 vs. its peers in the Entertainment - Casinos/Gambling category.
Looking for More Information on CPHC dividends?
Want to see what other sources are saying about Canterbury Park Holding Corp's dividends? Try the links below:Canterbury Park Holding Corp Common Stock (CPHC) Dividend History | Nasdaq
Dividend History for Canterbury Park Holding Corp (CPHC) - Dividend Investor
Canterbury Park Holding Corp (CPHC) Dividend History - Seeking Alpha