CME Group Inc. (NASDAQ:CME) Shareholders to Collect $1.30 Quarterly Dividend

CME Group Inc. (NASDAQ:CME) announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Friday, December 11th will be paid a dividend of $1.30 per share by the financial services provider on Wednesday, December 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, December 11th.

CME Group has a dividend payout ratio of 44.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect CME Group to earn $13.11 per share next year, which means the company should continue to be able to cover its $5.20 annual dividend with an expected future payout ratio of 39.7%.

CME Group Stock Performance

NASDAQ:CME opened at $307.24 on Friday. The company’s 50-day moving average price is $282.60 and its 200-day moving average price is $280.66. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.13. The company has a market cap of $109.97 billion, a P/E ratio of 25.20, a P/E/G ratio of 3.76 and a beta of 0.15. CME Group has a twelve month low of $218.31 and a twelve month high of $329.16.

CME Group (NASDAQ:CME) last posted its quarterly earnings results on Wednesday, October 21st. The financial services provider reported $3.02 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.03. CME Group had a net margin of 63.33% and a return on equity of 16.23%. The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the business posted $2.68 earnings per share. CME Group’s quarterly revenue was up 10.6% on a year-over-year basis. On average, sell-side analysts forecast that CME Group will post 12.34 earnings per share for the current fiscal year.

CME Group Company Profile

CME Group Inc operates global derivatives marketplaces that provide trading, clearing and settlement services for futures and options contracts. Its products cover major asset classes, including interest rates, equity indexes, foreign currencies, agricultural commodities, energy and metals. The company also provides market data, benchmark information and related services used by financial institutions, corporations, producers, investors and other market participants.

CME Group’s exchange portfolio includes CME, the Chicago Board of Trade, the New York Mercantile Exchange and COMEX.