Churchill Downs Dividends
| CHDN Stock | USD 142.11 1.89 1.35% |
As of the 1st of December 2024, Dividends Paid is likely to grow to about 50.5 M, while Dividend Yield is likely to drop 0. Churchill Downs' past performance could be the main factor of why investors trade Churchill Downs Incorporated stock today. Investors should clearly understand every aspect of the Churchill Downs dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Churchill Downs' dividend schedule and payout information. Churchill Downs Incorporated dividends can also provide a clue to the current valuation of Churchill Downs.
Number Of Dividends | Years Issued 32 | Previous Year 1 Times | Current Year 1 Times | Year Average 1 | Volatility 0.0 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 27.1 M | 50.5 M | |
| Dividend Payout Ratio | 0.06 | 0.06 | |
| Dividend Paid And Capex Coverage Ratio | 0.86 | 0.82 |
Churchill |
Investing in stocks that pay dividends is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Churchill Downs must own a stock before its ex-dividend date to receive its next dividend.
Churchill Downs Dividends Paid Over Time
Today, most investors in Churchill Downs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Churchill Downs' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Churchill Downs dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
| Timeline |
Churchill Downs Historical Dividend Yield Growth
A solid dividend growth pattern of Churchill Downs could indicate future dividend growth is likely, which can signal long-term profitability for Churchill Downs Incorporated. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Churchill Downs Incorporated dividend as a percentage of Churchill Downs stock price. Churchill Downs dividend yield is a measure of Churchill Downs stock productivity, which can be interpreted as interest rate earned on an Churchill Downs investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
| Timeline |
Churchill Downs Expected Dividend Income Per Share
Dividend payment represents part of Churchill Downs' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Churchill Downs. Churchill Downs' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.48 Bottom Scenario | $0.48 | $0.49 Top Scenario |
One Year
Churchill Downs Incorporated expected dividend income per share adjusted for ongoing price standard deviation
Churchill Downs Past Distributions to stockholders
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.089 | Earnings Share 5.53 | Revenue Per Share 35.989 | Quarterly Revenue Growth 0.098 | Return On Assets 0.0625 |
The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.