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

Cboe Global Markets, Inc. (BATS:CBOE) declared a quarterly dividend on Thursday, October 22nd. Investors of record on Monday, November 30th will be paid 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 increased its dividend 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 Stock Up 2.8%

Shares of BATS CBOE opened at $327.72 on Friday. The firm’s fifty day moving average is $290.30 and its 200 day moving average is $294.32. Cboe Global Markets has a 52 week low of $227.15 and a 52 week high of $371.18. 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 company has a market cap of $34.76 billion, a price-to-earnings ratio of 168.93 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, beating the consensus estimate of $3.49 by $0.07. The business had revenue of $731.60 million during the quarter, compared to analysts’ expectations 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 for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.46 EPS. On average, equities research analysts expect that Cboe Global Markets will post 6.41 earnings per share for the current year.

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

About Cboe Global Markets

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.