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Churchill Downs (Churchill Downs) 3-Year Dividend Growth Rate

: 7.10% (As of Dec. 2023)
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Churchill Downs's Dividends per Share for the three months ended in Dec. 2023 was $0.38.

The historical rank and industry rank for Churchill Downs's 3-Year Dividend Growth Rate or its related term are showing as below:

CHDN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 6.4   Med: 14   Max: 25.5
Current: 7.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Churchill Downs was 25.50% per year. The lowest was 6.40% per year. And the median was 14.00% per year.

CHDN's 3-Year Dividend Growth Rate is ranked better than
50% of 190 companies
in the Travel & Leisure industry
Industry Median: 6.8 vs CHDN: 7.10

During the past 12 months, Churchill Downs's average Dividends Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Churchill Downs's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.44. As of today, Churchill Downs's Dividend Yield % is 0.32%.

Good Sign:

Churchill Downs Inc stock dividend yield is close to 1-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Gambling subindustry, Churchill Downs's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Churchill Downs 3-Year Dividend Growth Rate Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Churchill Downs's 3-Year Dividend Growth Rate falls into.



Churchill Downs 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Churchill Downs  (NAS:CHDN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Churchill Downs's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.382/ 0.86
=0.44

During the past 13 years, the highest Dividend Payout Ratio of Churchill Downs was 0.93. The lowest was 0.08. And the median was 0.16.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Churchill Downs Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3822023-11-302023-12-012024-01-05Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Churchill Downs's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.382/123.525
=0.31 %

Current Share Price is $123.525.
Churchill Downs's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.382.

During the past 13 years, the highest Dividend Yield of Churchill Downs was 1.07%. The lowest was 0.24%. And the median was 0.57%.

Good Sign:

Churchill Downs Inc stock dividend yield is close to 1-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Churchill Downs 3-Year Dividend Growth Rate Related Terms>


Churchill Downs (Churchill Downs) Business Description

Traded in Other Exchanges
Address
600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, TwinSpires, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The TwinSpires segment includes the revenue and expenses for online horse racing and the online and retail sports betting and iGaming wagering business. The company generates more than half of its revenue from the Gaming segment includes revenue from casino properties and associated racetrack or jai alai facilities which support the casino license as applicable.
Executives
Maureen Adams officer: SVP, Gaming Operations 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVLLE KY 40222
Bradley K. Blackwell officer: SVP, General Counsel 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Andrea M Carter director 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Karole Lloyd director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Paul C Varga director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
R Alex Rankin director 700 CENTRAL AVENUE, LOUISVILLE KY 40208
Robert L Fealy director 700 CENTRAL AVE, LOUISVILLE KY 40208
Bridgeman Ulysses L Jr director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Marcia A Dall officer: EVP, and Chief Financial Offic 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Austin W. Miller officer: SVP, Gaming Operations 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Douglas C Grissom director THREE FIRST NATIONAL PLAZA STE 3800, CHICAGO IL 60602
William E Mudd officer: President and COO 700 CENTRAL AVENUE, LOUISVILLE KY 40208
Daniel P Harrington director 700 CENTRAL AVE, LOUISVILLE KY 40208
Richard L Duchossois director, 10 percent owner
Robert L Evans director, officer: President and CEO TENLANE FARM, 825 STEELE ROAD, VESAILLES KY 40383