Churchill Downs Incorporated (CHDN) Dividend History
Income profile from 1993 to 2025 with payout safety and yield-on-cost trend
CHDN Dividend Income Check
Safety
8.1% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 0.5% and trend is flat.
CHDN Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
CHDN Income Growth Story
Dividend per share and yield on cost over time (33 years of payments)
CHDN Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Churchill Downs Incorporated distributes 8.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 4.1%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
CHDN has raised its dividend for 15 consecutive years, with a 3-year CAGR of 7.1% and 5-year CAGR of 7.1%.
Total Shareholder Returns
Beyond cash dividends, CHDN returns capital through share repurchases. The combined picture: 0.5% dividend yield, 6.7% buyback yield, 7.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.5% and is currently flat. The 5-year total return is -5.8%, with dividends contributing 1.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $44,364 today.
CHDN Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Dec 5, 2025Latest | $0.4380 | ↑ +7.1% | 38.94% | Jan 6, 2026 |
| Dec 6, 2024 | $0.4090 | ↑ +7.1% | 29.39% | Jan 3, 2025 |
| Nov 30, 2023 | $0.3820 | ↑ +7.0% | 33.00% | Jan 5, 2024 |
| Dec 1, 2022 | $0.3570 | ↑ +7.0% | 32.19% | Jan 6, 2023 |
| Dec 2, 2021 | $0.3335 | ↑ +7.2% | 29.00% | Jan 7, 2022 |
| Dec 3, 2020 | $0.3110 | ↑ +7.1% | 34.01% | Jan 6, 2021 |
| Dec 5, 2019 | $0.2905 | ↑ +6.9% | 44.79% | Jan 3, 2020 |
| Dec 6, 2018 | $0.2717 | ↑ +7.2% | 60.74% | Jan 4, 2019 |
CHDN Dividend vs Peers
Comparable companies in the same industry
CHDN Annual Dividend History (1993–2025)
33 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.44 | 7.1% | 1 | $5.32 | 8.2% | 12.15x | 0.5% |
| 2024 | $0.41 | 7.1% | 1 | $5.68 | 7.2% | 13.89x | 0.4% |
| 2023 | $0.38 | 7.0% | 1 | $5.48 | 7.0% | 14.35x | 0.4% |
| 2022 | $0.36 | 7.0% | 1 | $5.71 | 6.3% | 15.99x | 0.4% |
| 2021 | $0.33 | 7.2% | 1 | $3.18 | 10.5% | 9.54x | 0.4% |
| 2020 | $0.31 | 7.1% | 1 | $0.17 | 182.9% | 0.55x | 0.3% |
| 2019 | $0.29 | 6.9% | 1 | $1.69 | 17.2% | 5.82x | 0.3% |
| 2018 | $0.27 | 7.2% | 1 | $4.24 | 6.4% | 15.61x | 0.3% |
| 2017 | $0.25 | 15.2% | 1 | $1.46 | 17.4% | 5.76x | 0.3% |
| 2016 | $0.22 | 14.8% | 1 | $1.07 | 20.6% | 4.86x | 0.2% |
See CHDN's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonCHDN — Frequently Asked Questions
Quick answers to the most common questions about buying CHDN stock.
How much dividend does CHDN pay per share?
Churchill Downs Incorporated (CHDN) pays a trailing 12-month dividend of $0.43 per share, with a current dividend yield of +0.5%. Payments are made Annual.
When is CHDN's next ex-dividend date?
CHDN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CHDN typically pays dividends Annual.
Is CHDN's dividend safe?
CHDN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +8.1% and FCF payout ratio of +4.1%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is CHDN a Dividend Achiever?
Yes, Churchill Downs Incorporated is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +7.1%, demonstrating above-inflation dividend growth.
How often does CHDN pay dividends?
Churchill Downs Incorporated pays dividends Annual. The trailing 12-month total is $0.43 per share. Dividend data on this page covers 32+ years from 1993 to 2025.
How much would $10,000 invested in CHDN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CHDN five years ago would be worth approximately $9,424 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CHDN's yield on cost for long-term holders?
CHDN's yield on cost — the current dividend divided by the original purchase price — is +0.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.5% market yield, thanks to consistent dividend growth.