By Colin Kellaher

 

CME Group Inc. on Thursday said its board raised the quarterly dividend by 11%, to $1 from 90 cents.

The new payout, equal to $4 a year, represents an annual yield of about 1.67% based on Wednesday's closing price of $239.37.

The Chicago-based derivatives marketplace also pays an annual variable dividend that boosts its annual yield.

CME said the increased quarterly dividend is payable March 25 to shareholders of record March 10.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 03, 2022 08:03 ET (13:03 GMT)

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