Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Churchill Downs (CHDN) — Dividend Profile
Consumer Discretionary·Services-Misc. Amusement & Recreation
10y payment streak2y growth streakActiveAnnual
Forward Yield
0.51%
@ $86.73
TTM Yield
0.51%
Forward Annual
$0.44
Annual
Market Cap
$6.0b
Payout (FCF)
5%
18.3x covered
Payout (Earnings)
8%
Latest Amount
$0.4380
Ex 2025-12-05
3y CAGR
-32.6%
5y CAGR
-18.8%
10y CAGR
Next Ex-Date
Last recorded cut on or near 2023-11-30.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: CleanYield Trap: Green0 of 6 red flags · 1 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Distress (1.41)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (84.2%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
7/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
18.33×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
⚠ Fired
6m return < -25%
Current 6m return: -13.1%
✓ OK
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (10)
Ex-DateAmountFrequencyPay DateType
2025-12-05$0.4380Annual2026-01-06recurring
2024-12-06$0.4090Annual2025-01-03recurring
2023-11-30$0.3820Annual2024-01-05recurring
2022-12-01$0.7140Annual2023-01-06recurring
2021-12-02$0.6670Annual2022-01-07recurring
2020-12-03$0.6220Annual2021-01-06recurring
2019-12-05$0.5810Annual2020-01-03recurring
2018-12-06$1.6300Annual2019-01-04recurring
2017-11-30$1.5200Annual2018-01-05recurring
2016-11-30$1.3200Annual2017-01-06recurring