Churchill Downs, Incorporated (CHDN) Dividends
Dividend Yield and Dividend History Highlights
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at 3.94 -- higher than 92.31% of other dividend issuers in the US.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CHDN's price: OFED, SMP, OGE, COG and DG.
CHDN Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $139.97 | $13.81 | -93.92% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for CHDN, the DDM model, as implemented by StockNews, implies a negative return of 93.92% relative to its current price. Digging deeper, the aspects of Churchill Downs Inc's dividend discount model that we found most interesting were:
- In comparison to stocks we observe that provide shareholders with a dividend, CHDN offers a dividend yield in the bottom 0.3% of its fellow sector mates.
- In comparison to other US listed dividend yielding stocks in the Consumer Cyclical sector, the expected return of -93.92%, based on the stock's current share price and target price based on a dividend discount model, is greater than only 1.75% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, Churchill Downs Inc bears a discount rate, according to our calculations, lower than only 1.75% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta is a measure of volatility relative to the stock market at large; for CHDN, its beta is lower than 5.96% of stocks in the small-sized revenue class.
CHDN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-11-30 | Dividend | $0.38 | +7.04% |
| 2023-05-22 | Split | 2-1-for-1 Stock Split | N/A |
| 2022-12-01 | Dividend | $0.71 | +7.05% |
| 2021-12-02 | Dividend | $0.67 | +7.23% |
| 2020-12-03 | Dividend | $0.62 | +7.06% |
| 2019-12-05 | Dividend | $0.58 | +222.22% |
| 2019-01-28 | Split | 3-1-for-1 Stock Split | N/A |
| 2018-12-06 | Dividend | $0.54 | -64.28% |
| 2017-11-30 | Dividend | $1.52 | +15.15% |
| 2016-11-30 | Dividend | $1.32 | +14.78% |
| 2015-12-02 | Dividend | $1.15 | +15.00% |
| 2014-12-03 | Dividend | $1.00 | +14.94% |
| 2013-12-04 | Dividend | $0.87 | +20.83% |
| 2012-11-26 | Dividend | $0.72 | +20.00% |
| 2011-12-28 | Dividend | $0.60 | +20.00% |
| 2010-12-29 | Dividend | $0.50 | -- |
| 2009-12-29 | Dividend | $0.50 | -- |
| 2008-12-29 | Dividend | $0.50 | -- |
| 2007-12-26 | Dividend | $0.50 | -- |
| 2006-12-27 | Dividend | $0.50 | -- |
| 2005-12-28 | Dividend | $0.50 | -- |
| 2004-12-29 | Dividend | $0.50 | -- |
| 2003-12-29 | Dividend | $0.50 | -- |
| 2002-12-27 | Dividend | $0.50 | -- |
| 2001-12-27 | Dividend | $0.50 | -- |
| 2000-12-27 | Dividend | $0.50 | -- |
| 1999-12-29 | Dividend | $0.50 | -- |
| 1998-12-29 | Dividend | $0.50 | -- |
| 1998-04-15 | Split | 2-1-for-1 Stock Split | N/A |
| 1997-12-29 | Dividend | $1.00 | +53.85% |
| 1996-12-27 | Dividend | $0.65 | +30.00% |
| 1995-12-27 | Dividend | $0.50 | -- |
| 1994-12-23 | Dividend | $0.50 | -- |
| 1993-12-27 | Dividend | $0.50 | -- |
CHDN Dividends vs. Peers
CHDN's dividend yield currently ranks #33 of 43 vs. its peers in the Entertainment - Casinos/Gambling category.
Looking for More Information on CHDN dividends?
Want to see what other sources are saying about CHURCHILL DOWNS Inc's dividends? Try the links below:CHURCHILL DOWNS Inc Common Stock (CHDN) Dividend History | Nasdaq
Dividend History for CHURCHILL DOWNS Inc (CHDN) - Dividend Investor
CHURCHILL DOWNS Inc (CHDN) Dividend History - Seeking Alpha