Cboe Global Markets, Inc. (BATS:CBOE) Declares Quarterly Dividend of $0.86

Cboe Global Markets, Inc. (BATS:CBOE) announced a quarterly dividend on Thursday, August 13th. Shareholders of record on Monday, August 31st will be given a dividend of 0.86 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, August 31st. This is a 19.4% increase from Cboe Global Markets’s previous quarterly dividend of $0.72.

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

Cboe Global Markets Price Performance

Shares of BATS:CBOE opened at $293.08 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $31.08 billion, a PE ratio of 151.07 and a beta of 0.61. Cboe Global Markets has a twelve month low of $227.15 and a twelve month high of $371.18. The company has a 50-day moving average price of $274.29 and a two-hundred day moving average price of $291.73.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.46 earnings per share. Equities analysts forecast that Cboe Global Markets will post 6.41 EPS for the current year.

Insider Activity at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction on Monday, May 18th. The shares were sold at an average price of $358.09, for a total value of $437,944.07. Following the transaction, the director owned 13,807 shares in the company, valued at $4,944,148.63. This trade represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cibc World Market Inc. purchased a new position in Cboe Global Markets in the 2nd quarter worth approximately $1,578,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of Cboe Global Markets during the second quarter valued at approximately $2,282,000. Osmosis Investment Management UK Ltd purchased a new stake in shares of Cboe Global Markets during the second quarter valued at approximately $1,028,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Cboe Global Markets in the second quarter worth approximately $41,165,000. Finally, Pinnacle Holdings LLC bought a new position in shares of Cboe Global Markets in the second quarter worth approximately $52,000. Institutional investors own 81.73% of the company’s stock.

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.