Churchill Downs Incorporated

Churchill Downs Incorporated

CHDNยทNASDAQ

$86.00

+1.1%
Consumer CyclicalGambling, Resorts & Casinos

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.

At a Glance

Live Snapshot
Market Cap$5.99B
EPS5.3600
P/E Ratio16.04
Earnings Date07/22/2026
0.49%
Dividend Yield
6562%
3Y+78.0%
5Y+76.0%
10Y-
37.35%
Dividend Payout Ratio
3000%
3Y+118.0%
5Y-46.0%
10Y-
3Y+16.0%
5Y+25.0%
10Y-
Churchill Downs Incorporated

Churchill Downs Incorporated Dividend History

CHDN ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

CHDN Dividend Payment History

CHDN ยท NASDAQ

Total Payments

33

Latest Dividend

$0.4380

Annual Amount

$0.8470

Frequency

Annual

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Oct 21, 2025
Dec 5, 2025Jan 6, 2026
$0.4380
$0.4380
Annual+7.09%
Oct 23, 2024
Dec 6, 2024Jan 3, 2025
$0.4090
$0.4090
Annual+7.07%
Oct 25, 2023
Dec 1, 2023Jan 5, 2024
$0.3820
$0.3820
Annual+7.00%
Oct 26, 2022
Dec 2, 2022Jan 6, 2023
$0.7140
$0.3570
Annual+6.89%
Oct 27, 2021
Dec 3, 2021Jan 7, 2022
$0.6670
$0.3340
Annual+7.40%
Oct 28, 2020
Dec 4, 2020Jan 6, 2021
$0.6220
$0.3110
Annual+7.24%
Oct 30, 2019
Dec 6, 2019Jan 3, 2020
$0.5810
$0.2900
Annual+6.62%
Oct 30, 2018
Dec 7, 2018Jan 4, 2019
$1.6300
$0.2720
Annual+7.51%
Oct 26, 2017
Dec 1, 2017Jan 5, 2018
$1.5200
$0.2530
Annual+15.00%
Oct 28, 2016
Dec 2, 2016Jan 6, 2017
$1.3200
$0.2200
Annual+14.58%
Oct 30, 2015
Dec 4, 2015Jan 6, 2016
$1.1500
$0.1920
Annual+14.97%
Oct 28, 2014
Dec 5, 2014Jan 7, 2015
$1.0000
$0.1670
Annual+15.17%
Oct 29, 2013
Dec 6, 2013Jan 6, 2014
$0.8700
$0.1450
Annual+20.83%
Nov 20, 2012
Nov 28, 2012Dec 21, 2012
$0.7200
$0.1200
Annual+20.00%
Dec 6, 2011
Dec 30, 2011Jan 23, 2012
$0.6000
$0.1000
Annual+20.48%
Dec 20, 2010
Dec 31, 2010Jan 24, 2011
$0.5000
$0.0830
Annual0.00%
Nov 20, 2009
Dec 31, 2009Jan 25, 2010
$0.5000
$0.0830
Annual0.00%
Nov 17, 2008
Dec 31, 2008Jan 21, 2009
$0.5000
$0.0830
Annual0.00%
Nov 15, 2007
Dec 28, 2007Jan 23, 2008
$0.5000
$0.0830
Annual0.00%
Nov 16, 2006
Dec 29, 2006Jan 24, 2007
$0.5000
$0.0830
Annual0.00%
Nov 10, 2005
Dec 30, 2005Jan 19, 2006
$0.5000
$0.0830
Annual0.00%
Nov 18, 2004
Dec 31, 2004Jan 26, 2005
$0.5000
$0.0830
Annual0.00%
Nov 14, 2003
Dec 31, 2003Jan 23, 2004
$0.5000
$0.0830
Annual0.00%
Nov 14, 2002
Dec 31, 2002Jan 17, 2003
$0.5000
$0.0830
Annual0.00%
Nov 15, 2001
Dec 31, 2001Jan 18, 2002
$0.5000
$0.0830
Annual0.00%
Nov 16, 2000
Dec 31, 2000Jan 19, 2001
$0.5000
$0.0830
Annual0.00%
Nov 18, 1999
Dec 31, 1999Jan 21, 2000
$0.5000
$0.0830
Annual0.00%
Nov 20, 1998
Dec 31, 1998Jan 15, 1999
$0.5000
$0.0830
Annual0.00%
Nov 20, 1997
Dec 31, 1997Jan 9, 1998
$1.0000
$0.0830
Annual+53.70%
Dec 19, 1996
Dec 31, 1996Jan 10, 1997
$0.5000
$0.0540
Annual+28.57%
Dec 14, 1995
Dec 29, 1995Jan 12, 1996
$0.5000
$0.0420
Annual0.00%
N/A
Dec 30, 1994Jan 13, 1995
$0.5000
$0.0420
Annual0.00%
N/A
Dec 31, 1993Jan 14, 1994
$0.5000
$0.0420
Quarterly-
chdn

Churchill Downs Incorporated Payout Ratio Analysis

CHDN ยท NASDAQ
Dividends Paid
-30.80M
2025
Net Income
379.70M
2025
Payout Ratio
8.11%
2025

Dividend Sustainability Analysis

Payout Ratio
8.11%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
6.2%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-5.5%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.