CME Group Declares Annual Variable Dividend

Rhea-AI Summary

CME Group Inc. (CME) has declared its annual variable dividend of $5.25 per share, totaling approximately $1.9 billion to be paid in January 2024. The total dividend yield for dividends announced in 2023 is 5.0% based on the average closing stock price. Since adopting the annual variable dividend structure in 2012, the company will have paid over $24 billion in dividends.

CHICAGO, Dec. 7, 2023 /PRNewswire/ -- CME Group Inc., the world's leading derivatives marketplace, today declared its annual variable dividend, amounting to $5.25 per share. The dividend is payable January 18, 2024, to shareholders of record on December 28, 2023.

The annual variable dividend of $5.25 per share to be paid in January 2024 totals approximately $1.9 billion. Including today's announced variable dividend and the previously announced fourth-quarter 2023 dividend of $1.10 per share to be paid in December, the total dividend yield for dividends announced during 2023 is 5.0% based on the average closing stock price in 2023 to date. The company will have paid a total of more than $24 billion in quarterly and variable dividends since adopting the annual variable dividend structure in the beginning of 2012. 

When CME Group adopted its annual variable dividend structure in February 2012, the intention was to determine the excess cash available at the end of each year, with the level to increase or decrease from year to year based on operating results, potential investment activity and other forms of capital return.

About CME Group 

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) 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. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. 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.

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.

CME-G

View original content:https://www.prnewswire.com/news-releases/cme-group-declares-annual-variable-dividend-302008314.html

SOURCE CME Group

FAQ

What is the annual variable dividend declared by CME Group Inc. (CME)?

CME Group Inc. (CME) has declared an annual variable dividend of $5.25 per share, totaling approximately $1.9 billion to be paid in January 2024.

When is the annual variable dividend payable to the shareholders of CME Group Inc. (CME)?

The annual variable dividend is payable on January 18, 2024, to shareholders of record on December 28, 2023.

What is the total dividend yield for dividends announced during 2023 for CME Group Inc. (CME)?

The total dividend yield for dividends announced during 2023 is 5.0% based on the average closing stock price.

How much has CME Group Inc. (CME) paid in dividends since adopting the annual variable dividend structure?

Since adopting the annual variable dividend structure in 2012, the company will have paid over $24 billion in dividends.