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

CME Group Inc. (NASDAQ:CME) declared a quarterly dividend on Thursday, August 6th. Investors of record on Wednesday, September 9th will be paid a dividend of 1.30 per share by the financial services provider on Friday, September 25th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date is Wednesday, September 9th.

CME Group has decreased its dividend payment by an average of 0.0%annually over the last three years. 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 $12.83 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 40.5%.

CME Group Stock Performance

Shares of CME traded down $0.46 on Thursday, reaching $264.32. 1,841,395 shares of the stock traded hands, compared to its average volume of 2,738,823. The stock’s 50-day moving average price is $249.70 and its 200-day moving average price is $281.01. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market cap of $95.04 billion, a price-to-earnings ratio of 22.42, a P/E/G ratio of 3.06 and a beta of 0.23. CME Group has a 12 month low of $218.31 and a 12 month high of $329.16.

CME Group (NASDAQ:CME) last posted its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.91 by $0.08. The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.68 billion. CME Group had a net margin of 63.30% and a return on equity of 15.60%. The business’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.96 earnings per share. Equities analysts forecast that CME Group will post 12.27 EPS for the current fiscal year.

CME Group Company Profile

CME Group Inc is a global markets company that operates some of the world’s largest and most liquid derivatives exchanges, including the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX) and COMEX. The firm offers futures and options contracts across a broad range of asset classes — including interest rates, equity indexes, foreign exchange, energy, agricultural commodities and metals — and serves a diverse client base of institutional investors, commercial hedgers, brokers and retail participants.

The company’s core services include electronic trading on the CME Globex platform, central clearing through CME Clearing, and distribution of market data, indexes and analytics.