Cboe Global Markets, Inc. (CBOE) to Issue Quarterly Dividend of $0.86 on September 15th

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) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend 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 increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years.

Cboe Global Markets Price Performance

BATS CBOE opened at $296.14 on Friday. The company has a 50-day moving average price of $274.58 and a 200-day moving average price of $291.76. 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 firm has a market capitalization of $31.41 billion, a P/E ratio of 152.65 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $731.60 million for the quarter, compared to the consensus estimate of $716.61 million. During the same quarter last year, the firm posted $2.46 earnings per share. The firm’s revenue was up 24.6% compared to the same quarter last year. Equities research analysts anticipate that Cboe Global Markets will post 6.41 earnings per share for the current year.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the sale, the director owned 13,807 shares in the company, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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.

Hedge Funds Weigh In On Cboe Global Markets

A number of hedge funds have recently made changes to their positions in CBOE. Pacer Advisors Inc. increased its holdings in Cboe Global Markets by 36.6% in the 4th quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock valued at $2,921,000 after acquiring an additional 3,119 shares during the last quarter. Brindle & Bay Financial Advisors LLC bought a new position in shares of Cboe Global Markets during the 4th quarter valued at about $735,000. Bleakley Financial Group LLC purchased a new position in shares of Cboe Global Markets during the first quarter valued at about $3,831,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at about $995,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Cboe Global Markets by 2,425.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock worth $166,009,000 after purchasing an additional 635,199 shares during the last quarter. 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.