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Stock impact report

Canterbury Park Holding (NASDAQ:CPHC) Is Due To Pay A Dividend Of $0.07 [Yahoo! Finance]

Canterbury Park Holding Corporation (CPHC) 
US:NASDAQ Investor Relations: canterburypark.com/investor-relations
Company Research Source: Yahoo! Finance
The dividend yield is 1.7% based on this payment, which is a little bit low compared to the other companies in the industry. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Canterbury Park Holding's Future Dividends May Potentially Be At Risk While yield is important, another factor to consider about a company's dividend is whether the current payout levels are feasible. Before this announcement, Canterbury Park Holding was paying out 941% of what it was earning, and not generating any free cash flows either. Paying out such a large dividend compared to earnings while also not generating any free cash flow would definitely be difficult to keep up. Looking forward, EPS could fall by 29.4% if the company can't turn things around from the last few years. If the dividend continues along the path it has been on recently, the payout ratio in 12 months could be 1,413%, which is definitely a bit high to be sustainable go Show less Read more
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