Cboe Global Markets, Inc. (BATS:CBOE) Shareholders to Get $0.86 Quarterly Dividend

Cboe Global Markets, Inc. (BATS:CBOE) announced a quarterly dividend on Thursday, October 22nd. Stockholders of record on Monday, November 30th will be given a dividend of $0.86 per share on Tuesday, December 15th. This represents a $3.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, November 30th.

Cboe Global Markets has raised its dividend by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

Cboe Global Markets Stock Performance

BATS CBOE opened at $334.10 on Friday. The company has a fifty day moving average price of $290.30 and a 200-day moving average price of $294.32. The firm has a market cap of $35.44 billion, a price-to-earnings ratio of 173.10 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. Cboe Global Markets has a 1 year low of $227.15 and a 1 year high of $371.18.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings results on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The company had revenue of $731.60 million for the quarter, compared to analyst estimates of $716.61 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue was up 24.6% on a year-over-year basis. During the same period last year, the firm earned $2.46 earnings per share. As a group, equities research analysts predict that Cboe Global Markets will post 6.41 EPS for the current fiscal year.

Cboe Global Markets declared that its Board of Directors has initiated a share repurchase plan on Thursday, October 22nd that allows the company to repurchase $550.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 1.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.