Canterbury Park Holding Corp. Friday declared a special cash dividend of 15 cents per share of common stock payable to the shareholders of record on June 27.
The dividend will be distributed July 11. Currently there are approximately 3,662,000 shares of common stock outstanding.
The company's board of directors has not adopted any plan or policy with regard to paying dividends after the dividend payable July 11 is distributed. Further board action will be based on the company's earnings, projected future earnings, and cash requirements before any further dividends are declared.