Canterbury Park Plans 140-Acre Expansion and $0.07 Per-Share Dividend

A bold expansion and a new dividend could redefine Canterbury Park’s future. Stockholders will vote on the $0.07-per-share payout next spring.

, and Administrator

2025 December 16 . 1:12 AM

1 min read

There are two big buildings on the opposite side of each side and a road in between them in which a... — There are two big buildings on the opposite side of each side and a road in between them in which a crowd is walking. And on there are so many stalls placed on the ground floor of the building and also few dustbins placed. and one man is riding bicycle on road and on the other side there are few cars parked.

Canterbury Park Holding Corporation has announced plans to develop 140 acres of unused land around its racetrack. The company also declared a quarterly cash dividend of $0.07 per share for stockholders. This comes as the venue continues its year-round operations, including racing, wagering, and casino gaming.

The dividend proposal will be presented by stockholder Randy D. Sampson at the annual meeting on May 20, 2025, in Shakopee, Minnesota. If approved, the payment of $0.07 per share will be issued on January 14, 2026, to those recorded as stockholders by December 31, 2025. At the current rate, this amounts to an annual dividend of $0.28 per common share.

The dividend payment will proceed if approved at the May 2025 meeting. Stockholders of record by the end of December 2025 will receive the funds in mid-January 2026. Meanwhile, the company’s development plans could reshape the area around the racetrack in the coming years.