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Churchill Downs (BSP:C2HD34) 5-Year Yield-on-Cost % : 0.32 (As of May. 16, 2024)


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What is Churchill Downs 5-Year Yield-on-Cost %?

Churchill Downs's yield on cost for the quarter that ended in Mar. 2024 was 0.32.


The historical rank and industry rank for Churchill Downs's 5-Year Yield-on-Cost % or its related term are showing as below:

BSP:C2HD34' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.32   Med: 0.8   Max: 1.5
Current: 0.32


During the past 13 years, Churchill Downs's highest Yield on Cost was 1.50. The lowest was 0.32. And the median was 0.80.


BSP:C2HD34's 5-Year Yield-on-Cost % is ranked worse than
91.81% of 342 companies
in the Travel & Leisure industry
Industry Median: 2.445 vs BSP:C2HD34: 0.32

Competitive Comparison of Churchill Downs's 5-Year Yield-on-Cost %

For the Gambling subindustry, Churchill Downs's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Churchill Downs's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Churchill Downs's 5-Year Yield-on-Cost % falls into.



Churchill Downs 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Churchill Downs is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Churchill Downs  (BSP:C2HD34) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Churchill Downs 5-Year Yield-on-Cost % Related Terms

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Churchill Downs (BSP:C2HD34) Business Description

Traded in Other Exchanges
Address
600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, TwinSpires, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The TwinSpires segment includes the revenue and expenses for online horse racing and the online and retail sports betting and iGaming wagering business. The company generates more than half of its revenue from the Gaming segment includes revenue from casino properties and associated racetrack or jai alai facilities which support the casino license as applicable.

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