Churchill Downs (CHDN) Raises Annual Dividend 14.8% to $1.32; 1% Yield

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Go back to Churchill Downs (CHDN) Raises Annual Dividend 14.8% to $1.32; 1% Yield

Churchill Downs Incorporated Reports 2016 Third Quarter Results

October 27, 2016 4:30 PM EDT

LOUISVILLE, Ky., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ: CHDN) (CDI or Company) today reported business results for the third quarter ended September 30, 2016.

Third Quarter 2016 Highlights

Record net revenue of $303.4 million, up 8% over the prior yearAdjusted EBITDA of $67.3 million, 7% below the prior yearNet income of $8.7 million, 107% increase over the prior yearDiluted net income per share of $0.52, 117% higher than the prior year$1.32 per share dividend, 15% increase over prior year and sixth consecutive year of increase... More