Peak Resorts (SKIS) Declares $0.07 Quarterly Dividend; 4.9% Yield
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Peak Resorts Announces Reinstatement of Quarterly Cash Dividend
February 16, 2017 8:30 AM ESTWILDWOOD, Mo., Feb. 16, 2017 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ: SKIS), a leading owner and operator of high-quality, individually branded ski resorts, today announced that its Board of Directors has approved the reinstatement of a quarterly cash dividend of $0.07 per share on its outstanding common stock, or $0.28 per share on an annualized basis. The cash dividend is payable on March 13, 2017, to common shareholders of record as of February 27, 2017. Future dividend declarations are subject to approval of the Companys Board of Directors and compliance with its loan covenants.
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