Canterbury Park Holding is a holding company. Through its subsidiaries, Co. hosts pari-mutuel wagering on horse races and unbanked card games at its Canterbury Park Racetrack and Card Casino facility (the Racetrack). Co.'s pari-mutuel wagering operations include both wagering on thoroughbred and quarter horse races during live meets at the Racetrack and year-round wagering on races held at out-of-state racetracks that are televised at the Racetrack. Unbanked card games are hosted in the Card Casino at the Racetrack. Co. also provides related services and activities, such as food and beverage, parking, advertising signage, publication sales, and catering and events held at the Racetrack. The CPHC stock yearly return is shown above.
The yearly return on the CPHC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the CPHC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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