Churchill Downs Stock

Churchill Downs Dividend 2024

Churchill Downs Dividend

0.38 USD

Churchill Downs Dividend yield

0.28 %

Ticker

CHDN

ISIN

US1714841087

WKN

923011

How much dividend does Churchill Downs 2024 pay?

According to the latest status from October 2024, Churchill Downs paid a total of 0.38 USD per share in dividends within the last 12 months. With the current Churchill Downs price of 137.53 USD, this corresponds to a dividend yield of 0.28 %. A dividend is paid 1 times per year.

0.28 % Dividend Yield=
0.38 USD Dividend
137.53 USD Stock Price

Historical Churchill Downs Dividends

A dividend is paid 1 times per year. Last year, the payout months were January and December.

PaydateDividend
12/30/20230.38
1/1/20230.71
1/2/20220.67
1/3/20210.62
1/5/20200.58
1/6/20191.63
12/30/20171.52
12/30/20161.32
1/2/20161.15
1/3/20151
1/4/20140.87
12/26/20120.72
1/28/20120.6
1/29/20110.5
1/29/20100.5
1/29/20090.5
1/26/20080.5
1/27/20070.5
1/28/20060.5
1/29/20050.5
1
2

Churchill Downs dividend history and estimates

In 2023, Churchill Downs paid a dividend amounting to 0.38 USD. Dividend means that Churchill Downs distributes a portion of its profits to its owners.
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Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Churchill Downs provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Churchill Downs’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Churchill Downs's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Churchill Downs Dividend History

DateChurchill Downs Dividend
2026e0.63 undefined
2025e0.63 undefined
2024e0.63 undefined
20230.38 undefined
20220.71 undefined
20210.67 undefined
20200.62 undefined
20190.58 undefined
20180.54 undefined
20170.51 undefined
20160.44 undefined
20150.38 undefined
20140.33 undefined
20130.29 undefined
20120.24 undefined
20110.2 undefined
20100.17 undefined
20090.17 undefined
20080.17 undefined
20070.17 undefined
20060.17 undefined
20050.17 undefined
20040.17 undefined

Is the Churchill Downs Dividend Safe?

Churchill Downs has been increasing the dividend for 13 years.

Over the past 10 years, Churchill Downs has increased it by an annual 2.794 %.

Over a five-year period, the distribution increased by -6.804%.

Analysts expect a Dividend Increase of 28.349% for the current fiscal year.

Churchill Downs dividend payout ratio

In 2023, Churchill Downs had a payout ratio of 22.66%. The payout ratio indicates the percentage of the company's profits that Churchill Downs distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Churchill Downs represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Churchill Downs could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Churchill Downs's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Churchill Downs Payout Ratio History

DateChurchill Downs Payout ratio
2026e19.79 %
2025e17.96 %
2024e18.75 %
202322.66 %
202212.48 %
202121.11 %
2020-60.39 %
201934.38 %
201812.81 %
201734.7 %
201641.51 %
201561.83 %
201475.76 %
201356.86 %
201243.64 %
201132.79 %
201098.04 %
200979.37 %
200847.62 %
200783.33 %
200645.04 %
200517.73 %
2004151.52 %

Dividend Details

Understanding Churchill Downs's Dividend Distributions

Churchill Downs’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Churchill Downs's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Churchill Downs's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Churchill Downs’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Churchill Downs Aktienanalyse

What does Churchill Downs do?

Churchill Downs Inc. is an American company headquartered in Louisville, Kentucky. The company is best known for hosting the annual Kentucky Derby, which is considered one of the most prestigious horse racing events in the world. The history of Churchill Downs dates back to 1875, when the first edition of the Kentucky Derby took place. At that time, Churchill Downs was merely the location where the race was held. But soon the organizers recognized the potential in the grounds and the associated infrastructure. In 1937, a group of investors purchased the facilities and established Churchill Downs Incorporated. Over the years, the company has continued to evolve and is now a major player in the horse racing and gaming industry. Churchill Downs' business model consists of three main areas: horse racing, online sports betting, and gaming. The horse racing division, considered the core business of the company, includes racetracks in Kentucky, Florida, Illinois, and Louisiana. Throughout the year, various races and events are held here, including the Kentucky Derby, Kentucky Oaks, Preakness Stakes, and Belmont Stakes. Churchill Downs' online sports betting division is operated by its subsidiary TwinSpires. Customers from the United States can place bets on horse and greyhound races, as well as other sports such as baseball, basketball, or hockey. TwinSpires works closely with U.S. racetracks and offers customers a variety of betting options and bonuses. The gaming division of Churchill Downs includes several casinos and racetracks in different states. The facilities offer slot machines, table games, live entertainment, and restaurants. Some of Churchill Downs' most well-known casinos and racetracks include Harlow's Casino Resort & Spa in Mississippi and Presque Isle Downs & Casino in Pennsylvania. In addition to its three main business segments, Churchill Downs also offers a variety of products and services specialized in horse racing and betting. These include horse betting software, horse betting feeds and data, and in-house wager management systems. These products and services are not only used by Churchill Downs itself, but also by other racetrack operators and betting providers around the world. In recent years, Churchill Downs has made further acquisitions and partnerships to diversify and expand its business. In 2018, the company acquired the Ocean Downs racetrack in Maryland and the Lady Luck Casino in Mississippi. It also formed a partnership with online betting provider SBTech to further advance the sports betting sector. Overall, Churchill Downs Inc. is now a leading company in the horse racing industry with strong interests in the online sports betting and casino sectors. The company has a long and successful history and will continue to play an important role in the international horse racing and gaming industry. Churchill Downs is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Churchill Downs stock

How much dividend does Churchill Downs pay?

Over the past 12 months, Churchill Downs paid a dividend of 0.38 USD . This corresponds to a dividend yield of about 0.28 %. For the coming 12 months, Churchill Downs is expected to pay a dividend of 0.63 USD.

What is the dividend yield of Churchill Downs?

The current dividend yield of Churchill Downs is 0.28 %.

When does Churchill Downs pay dividends?

Churchill Downs pays a quarterly dividend. This is distributed in the months of January, January, January, December.

How secure is the dividend of Churchill Downs?

Churchill Downs paid dividends every year for the past 23 years.

What is the dividend of Churchill Downs?

For the upcoming 12 months, dividends amounting to 0.63 USD are expected. This corresponds to a dividend yield of 0.46 %.

In which sector is Churchill Downs located?

Churchill Downs is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Churchill Downs kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Churchill Downs from 1/5/2024 amounting to 0.382 USD, you needed to have the stock in your portfolio before the ex-date on 11/30/2023.

When did Churchill Downs pay the last dividend?

The last dividend was paid out on 1/5/2024.

What was the dividend of Churchill Downs in the year 2023?

In the year 2023, Churchill Downs distributed 0.714 USD as dividends.

In which currency does Churchill Downs pay out the dividend?

The dividends of Churchill Downs are distributed in USD.

Andere Kennzahlen von Churchill Downs

Our stock analysis for Churchill Downs Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Churchill Downs Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.