Speedway Motorsports, Inc. Declares Quarterly Cash Dividend of 15 Cents Per Share
April 23 2019 - 6:00PM
Speedway Motorsports, Inc. (SMI) (NYSE:TRK) on April 23, 2019
declared a quarterly cash dividend of 15 cents per share of common
stock. The quarterly dividend will be payable on June 5, 2019
to shareholders of record at the close of business on May 15,
2019.
Speedway Motorsports, Inc. is a leading
marketer, promoter and sponsor of motorsports entertainment in the
United States. The Company, through its subsidiaries, owns and
operates the following premier facilities: Atlanta Motor Speedway,
Bristol Motor Speedway, Charlotte Motor Speedway, Kentucky
Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway,
Sonoma Raceway and Texas Motor Speedway. The Company provides
souvenir merchandising services through its SMI Properties
subsidiaries; manufactures and distributes smaller-scale, modified
racing cars and parts through its U.S. Legend Cars International
subsidiary; and produces and broadcasts syndicated motorsports
programming to radio stations nationwide through its Performance
Racing Network subsidiary. For more information about Speedway
Motorsports, visit www.speedwaymotorsports.com.
This news release contains forward-looking
statements, particularly statements with regard to our future
operations and financial results. There are many factors that
affect future events and trends of our business including, but not
limited to, economic factors, geopolitical conditions, weather, the
success of NASCAR and others as sanctioning bodies, capital
projects and expansion, financing needs, and a host of other
factors both within and outside of management control. These
factors and other factors, including those contained in our Annual
Report on Form 10-K and subsequently filed Quarterly Reports on
Form 10-Q, involve certain risks and uncertainties that could cause
actual results or events to differ materially from management's
views and expectations. Inclusion of any information or statement
in this news release does not necessarily imply that such
information or statement is material. The Company does not
undertake any obligation to release publicly revised or updated
forward-looking information, and such information included in this
news release is based on information currently available and may
not be reliable after this date.
Contact: Janet Kirkley
704-532-3318
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