Churchill Downs Incorporated
S&P 500CHDN/Consumer Cyclical · Gambling/NASDAQ
Dividend Yield
0.51%
$0.44 · Annual Dividend
Dividend Safety Rating
CHDN's dividend appears safe and well-supported. Strengths include a 8.1% earnings payout ratio & 8.1% fcf payout ratio. Areas of concern: 2.8x interest coverage & 66.0% net debt / total assets. The dividend has been growing at a 7.09% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 8.1%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 8.1%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 4.4%Operating cash flow strongly supports the payout.
Risks
- Current Ratio: 0.5xLimited short-term liquidity to meet obligations.
- Interest Coverage: 2.8xInterest coverage is thin relative to debt servicing.
- Net Debt / Total Assets: 66.0%Net debt is high relative to total assets.
Payout & Coverage
SafeBalance Sheet
WarningProfitability
SafeDividend Track Record
SafeAbout Churchill Downs Incorporated
Churchill Downs Incorporated is a racing, online wagering, and gaming entertainment company. It operates through key segments including Live and Historical Racing, which encompasses live and historical pari-mutuel racing at venues like Churchill Downs Racetrack and historical racing machine facilities; Wagering Services and Solutions, featuring the TwinSpires online platform for horse racing, sports betting, and iGaming, along with advanced deposit wagering and pari-mutuel systems; and Gaming, which manages regional casino properties with slot machines, video lottery terminals, video poker, table games, hotels, food and beverage services, and associated racetracks. The company oversees approximately 30 industry-leading regional casinos and HRM/racing properties across 14 states, offering simulcast betting, on-track wagering, admissions, event broadcasting, and hospitality amenities. Founded in 1875 and headquartered in Louisville, Kentucky, Churchill Downs Incorporated plays a central role in the horse racing tracks, racing and individual sports, and broader gambling sectors.
Dividend Overview
Dividend Yield
0.51%
Annual Dividend
$0.44
Frequency
Annual
Payout Ratio
8.07%
FCF Payout Ratio
8.14%
52-Week Range
$80.24 - $118.46
Dividend History (2016–2025)
CHDN annual dividend per share and yield history
Earnings & Profitability
CHDN earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
December 5, 2025
Last Payment Date
January 6, 2026
Dividend Growth
3-Year Dividend CAGR
7.05%
5-Year Dividend CAGR
7.09%
10-Year Dividend CAGR
8.61%
3-Year Total Growth
22.69%
5-Year Total Growth
40.84%
10-Year Total Growth
128.48%
Income Calculator
Frequently Asked Questions
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How is CHDN's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.