Churchill Downs (Churchill Downs) Dividend Payout Ratio

: 0.44 (As of Dec. 2023)

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Churchill Downs's dividend payout ratio for the months ended in Dec. 2023 was 0.44.

The historical rank and industry rank for Churchill Downs's Dividend Payout Ratio or its related term are showing as below:

CHDN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.16 Max: 0.93
Current: 0.08

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.

CHDN's Dividend Payout Ratio is ranked better than
94.74% of 285 companies
in the Travel & Leisure industry
Industry Median: 0.38 vs CHDN: 0.08

As of today (2024-04-19), the Dividend Yield % of Churchill Downs is 0.32%.

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

Churchill Downs's Dividends per Share for the months ended in Dec. 2023 was $0.38.

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.

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.

The growth rate is calculated with least square regression.

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

Churchill Downs Dividend Payout Ratio Historical Data

The historical data trend for Churchill Downs's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Churchill Downs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.17

0.93

0.10

0.09

0.08

Churchill Downs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.49	-	-	-	0.44

Competitive Comparison

For the Gambling subindustry, Churchill Downs's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Churchill Downs's Dividend Payout Ratio falls into.

Churchill Downs Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.382	/	4.99
	=	0.08

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

Churchill Downs (NAS:CHDN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Churchill Downs Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Churchill Downs's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Churchill Downs (Churchill Downs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Churchill Downs Inc (NAS:CHDN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CHR:Germany C2HD34:Brazil

Address

600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222

Website

https://www.churchilldownsincorporated.com

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