CME Group hikes dividend by 13.3%

CME Group (CME) will increases its quarterly dividend by 13.3 percent to $0.85 per share in 2020. Last year the company raised its quarterly dividend by 13.3 percent from 70 cents to 75 cents per share. Last December the company also announced a $2.50 per share special dividend.

The next dividend is payable March 25, 2020, to shareholders of record as of March 10, 2020. The regular annualized dividend rate of $3.40 per share yields 1.6% at a stock price of $213.20.

CME Group enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities.The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.

Comments

Recent posts on dividendtrackrecords.com

Pentair hikes dividend by 8.7%