CDI Announces Annual Dividend

Dividend is 50 cents per share for shareholders of record on Dec. 31, 2010.

Churchill Downs Inc., which last week completed its $136 million acquisition of a Mississippi casino resort and hotel, has announced an annual dividend of 50 cents per share on CDI’s common stock, payable Jan. 24, 2011, to stockholders of record on Dec. 31, 2010.

Last week, the Louisville, Ky.-based racetrack and gaming operator announced that it had completed the purchase of Harlow’s Casino Resort & Hotel.