Peak Resorts (SKIS) Declares $0.07 Quarterly Dividend; 5.7% Yield

Peak Resorts (NASDAQ: SKIS) declared a quarterly dividend of $0.07 per share, or $0.28 annualized.

The dividend will be payable on May 11, 2018, to stockholders of record on April 26, 2018, with an ex-dividend date of April 25, 2018.

The annual yield on the dividend is 5.7 percent.

Timothy D. Boyd, President and Chief Executive Officer, commented, “We are very confident in Peak Resorts’ long-term financial health and our ongoing commitment to returning capital to shareholders through a regular quarterly cash dividend clearly demonstrates this confidence. As we wrap up what has been a highly successful 2017/2018 ski season and enter what should be an active summer during which we will continue to invest across a number of major return-focused projects, the entire Peak Resorts team remains excited by our long-term prospects for growth.”

For a dividend history and other dividend-related data on Peak Resorts (SKIS) click here.

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