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

Cboe Global Markets, Inc. (BATS:CBOE) declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Monday, August 31st will be paid 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 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 raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

Cboe Global Markets Price Performance

BATS:CBOE opened at $293.08 on Friday. The company has a 50-day moving average of $274.29 and a 200-day moving average of $291.73. The company has a market capitalization of $31.08 billion, a price-to-earnings ratio of 151.07 and a beta of 0.61. Cboe Global Markets has a 52 week low of $227.15 and a 52 week high of $371.18. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last issued its 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. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $731.60 million for the quarter, compared to analyst estimates of $716.61 million. During the same period in the previous year, the business earned $2.46 EPS. The firm’s revenue was up 24.6% on a year-over-year basis. As a group, equities research analysts anticipate that Cboe Global Markets will post 6.41 earnings per share for the current fiscal year.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the sale, the director owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

Large investors have recently bought and sold shares of the business. Pacer Advisors Inc. lifted its holdings in shares of Cboe Global Markets by 36.6% during the 4th quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock valued at $2,921,000 after purchasing an additional 3,119 shares in the last quarter. Brindle & Bay Financial Advisors LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at approximately $735,000. Bleakley Financial Group LLC bought a new stake in Cboe Global Markets during the 1st quarter worth approximately $3,831,000. Fideuram Asset Management Ireland dac bought a new stake in Cboe Global Markets during the 4th quarter worth approximately $995,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Cboe Global Markets by 2,425.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock worth $166,009,000 after buying an additional 635,199 shares during the period. 81.73% of the stock is currently owned by institutional investors.

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.