Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.
Churchill Downs Dividend Announcement
• Churchill Downs announced a annually dividend of $0.41 per ordinary share which will be made payable on 2025-01-03. Ex dividend date: 2024-12-06
• Churchill Downs annual dividend for 2024 was $0.41
• Churchill Downs annual dividend for 2023 was $0.38
• Churchill Downs 's trailing twelve-month (TTM) dividend yield is 0.28%
• Churchill Downs 's payout ratio for the trailing twelve months (TTM) is 7.08%
• Churchill Downs 's dividend growth over the last five years (2018-2023) was -25.19% year
• Churchill Downs 's dividend growth over the last ten years (2013-2023) was -7.90% year
Churchill Downs Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-06 | $0.41 | annually | 2025-01-03 |
2023-11-30 | $0.38 | annually | 2024-01-05 |
2022-12-01 | $0.71 | annually | 2023-01-06 |
2021-12-02 | $0.67 | annually | 2022-01-07 |
2020-12-03 | $0.62 | annually | 2021-01-06 |
2019-12-05 | $0.58 | annually | 2020-01-03 |
2018-12-06 | $1.63 | annually | 2019-01-04 |
2017-11-30 | $1.52 | annually | 2018-01-05 |
2016-11-30 | $1.32 | annually | 2017-01-06 |
2015-12-02 | $1.15 | annually | 2016-01-06 |
2014-12-03 | $1.00 | annually | 2015-01-07 |
2013-12-04 | $0.87 | annually | 2014-01-06 |
Churchill Downs Dividend per year
Churchill Downs Dividend growth
Churchill Downs Dividend Yield
Churchill Downs current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing Churchill Downs stock? Use our calculator to estimate your expected dividend yield:
Churchill Downs Financial Ratios
Churchill Downs Dividend FAQ
Other factors to consider when evaluating Churchill Downs as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Churchill Downs 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Churchill Downs publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Churchill Downs distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Churchill Downs are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Churchill Downs sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Churchill Downs distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Churchill Downs declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Churchill Downs 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Churchill Downs 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.