CBOE Global Markets (CBOE) will raise its quarterly dividend by 16.1 percent to $0.36 per share in 2018. The company has now increased its dividend for 9 consecutive years.
 

The next dividend will be paid on September 13 to shareholders of record on August 30. The new annualized dividend rate of $1.44 per share yields 1.2% at a stock price of $118.86.
 

Brian N. Schell, Cboe Global Markets Executive Vice President, Chief Financial Officer and Treasurer commented: "Additionally, we raised our third quarter dividend by 16 percent and utilized existing cash to repay $300 million in 1.950% Senior Notes that were due on June 28, 2019, reducing our leverage ratio to 1.2x from 1.5x at March 31, 2019."
 

Cboe Global Markets, Inc., formerly CBOE Holdings, Inc., operates markets that offer options trading on various market indexes and futures contracts.  The company's subsidiaries include Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), C2 Options Exchange (C2), Market Data Express and Chicago Options Exchange Building Corporation.