Peak Resorts (SKIS) Declares $0.1375 Quarterly Dividend; 7.8% Yield

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Peak Resorts Declares Quarterly Cash Dividend

March 6, 2015 9:00 AM EST

WILDWOOD, Mo., March 6, 2015 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (Nasdaq: SKIS), a leading owner and operator of high-quality, individually branded ski resorts in the U.S., today announced that the company's board of directors declared a quarterly cash dividend of 13.75 cents per share of common stock. The dividend is payable on May 20, 2015, to stockholders of record on April 7, 2015. The current indicated annual dividend is 55 cents per share.

Commenting on the dividend, Timothy D. Boyd, president and chief executive officer, noted, "Today the board declared our second consecutive... More