CME Group Inc. (CME) to Distribute Quarterly Dividend of $1.30 on September 25th

CME Group Inc. (NASDAQ:CME) announced a quarterly dividend on Thursday, August 6th. Shareholders 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%per year over the last three years. CME Group has a dividend payout ratio of 44.8% indicating that its dividend is sufficiently covered by earnings. Equities 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

CME Group stock opened at $263.66 on Friday. CME Group has a 1-year low of $218.31 and a 1-year high of $329.16. 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 firm has a 50-day moving average of $249.24 and a 200-day moving average of $280.78. The firm has a market cap of $94.81 billion, a P/E ratio of 22.36, a P/E/G ratio of 3.08 and a beta of 0.23.

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

About CME Group

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.