Cboe Global Markets (CBOE) a leading provider of global market infrastructure and tradable products, today announced its Board of Directors has declared an increased quarterly cash dividend of $0.50 per share of common stock for the third quarter of 2022, representing a four percent increase from the prior quarter's dividend of $0.48 per share.
The third-quarter 2022 dividend is payable on September 15, 2022, to stockholders of record as of August 31, 2022. The dividend yield for CBOE is 1.6% at a stock price of $126. This marks 12 consecutive years of dividend increases but also is the smallest dividend hike by CBOE on record since a dividend was initiated.
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. Cboe Global Markets is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas City and Amsterdam. The company has paid a dividend to shareholders every year since 2010.