CME Group Inc. (CME) to Issue Quarterly Dividend of $1.30 on June 25th

CME Group Inc. (NASDAQ:CME) announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, June 9th will be paid a dividend of 1.30 per share by the financial services provider on Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, June 9th.

CME Group has decreased its dividend payment by an average of 0.0%annually over the last three years. CME Group has a payout ratio of 44.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect CME Group to earn $12.80 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 40.6%.

CME Group Stock Up 0.5%

Shares of NASDAQ CME opened at $257.40 on Friday. The firm has a market capitalization of $93.27 billion, a PE ratio of 21.96, a price-to-earnings-growth ratio of 2.88 and a beta of 0.21. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.13. CME Group has a 1 year low of $244.56 and a 1 year high of $329.16. The firm’s 50-day moving average is $288.35 and its 200-day moving average is $288.60.

CME Group (NASDAQ:CME) last issued its earnings results on Wednesday, April 22nd. The financial services provider reported $3.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.11 by $0.25. The company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.77 billion. CME Group had a net margin of 63.19% and a return on equity of 15.42%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.80 EPS. Equities analysts expect that CME Group will post 12.28 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.