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Churchill Downs (CHDN) Dividend Yield, Date & History

Churchill Downs logo
$131.98 -0.11 (-0.08%)
(As of 12/24/2024 05:19 PM ET)

Churchill Downs Dividend Summary

Dividend Yield
0.30%
Annual Dividend
$0.40
Next
Dividend Payment
Jan. 3
Dividend Increase
Track Record
14 Years
Annualized 3-Year
Dividend Growth
7.09%
Dividend Payout Ratio
7.29%

Churchill Downs (CHDN) pays an annual dividend of $0.40 per share, with a dividend yield of 0.30%. The next annually payment of $0.4090 per share is scheduled for Friday, January 3, to investors who owned the stock before the ex-dividend date of Friday, December 6. CHDN has grown its dividend for 14 consecutive years, with an average annual increase of 2.31%. The company currently pays out 7.29% of its earnings and 5.65% of its cash flow as dividends.

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CHDN Dividend Payments by Quarter

The chart below displays up to four years of Churchill Downs' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CHDN Dividend Yield Over Time

The chart below tracks Churchill Downs' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Churchill Downs vs. The Competition

Compare Churchill Downs' annual dividend, yield, and 3-year growth rate with averages for Discretionary and NASDAQ companies to evaluate its performance against the market.

TypeChurchill DownsDiscretionary CompaniesNASDAQ Companies
Annual Dividend$0.40$0.01$1.30
Dividend Yield0.30%2.86%4.30%
Annualized 3-Year Dividend Growth7.09%23.28%14.22%
Track Record14 years16 years19 years

Churchill Downs Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings7.29%
Based on This Year's Estimate6.83%
Based on Next Year's Estimate5.77%
Based on Cashflow5.65%

Churchill Downs Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/6/2024Annual$0.4090+$0.0270
7.07%
0.29%12/6/202412/6/20241/3/2025
11/30/2023Annual$0.3820+$0.0250
7.00%
0.35%11/30/202312/1/20231/5/2024

This table shows Churchill Downs' annuallydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Churchill Downs Dividend - Frequently Asked Questions

The current dividend yield for Churchill Downs is 0.30%. Learn more on CHDN's dividend yield history.

The annual dividend for CHDN shares is $0.40. Learn more on CHDN's annual dividend history.

Churchill Downs pays annually dividends to shareholders.

Churchill Downs's next annually dividend payment of $0.4090 per share will be made to shareholders on Friday, January 3, 2025.

Churchill Downs's most recent annually dividend payment of $0.3820 per share was made to shareholders on Friday, January 5, 2024.

Churchill Downs's most recent ex-dividend date was Friday, December 6, 2024.

Over the past three years, the company's dividend has grown by an average of 7.09% per year.

Churchill Downs has increased its dividend for the past 14 consecutive years.

The most recent change in the company's dividend was an increase of $0.0270 on Friday, December 6, 2024.

The dividend payout ratio for CHDN is:
  • 7.29% based on the trailing year of earnings
  • 6.83% based on this year's estimates
  • 5.77% based on next year's estimates
  • 5.65% based on cash flow

Churchill Downs' dividend yield of 0.31% is lower than the average Consumer Discretionary company that issues a dividend. The company's 14 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Churchill Downs' dividend payout ratio of 7.29% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Churchill Downs stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NASDAQ:CHDN) was last updated on 12/25/2024 by MarketBeat.com Staff
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