LOUISVILLE, Ky. (Oct. 29, 2013) — Churchill Downs Inc. announced today an annual dividend of 87 cents per share, a 21 percent increase over prior year, on CDI’s common stock, payable Jan. 6, 2014, to shareholders of record on Dec. 6.
“This is the third year in a row Churchill Downs has increased the dividend by at least 20 percent, demonstrating our continued commitment to increasing shareholder value,” said Robert L. Evans, Churchill Downs Inc. chairman and chief executive officer. “The board of directors elected to increase this year’s annual dividend payment to 87 cents per share of common stock, from the 72 cents per share dividend from 2012 based on the company’s year-to-date performance.”
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