CBOE Holdings (CBOE) Raises Quarterly Dividend 14.8% to $0.31, 1.3% Yield; Boosts Share Buyback Authorization to $325M (from $225M)

CBOE Holdings (NASDAQ: CBOE) declared a quarterly dividend of $0.31 per share, or $1.24 annualized. This is a 14.8% increase from the prior dividend of $0.27.

The dividend will be payable on September 14, 2018, to stockholders of record on August 31, 2018, with an ex-dividend date of August 30, 2018.

The annual yield on the dividend is 1.3 percent.

Including the additional share repurchase authorization of $100 million, the company had approximately $225 million of availability remaining under its existing share repurchase authorization as of August 1, 2018. Year-to-date through July 31, 2018, the company has repurchased 1.1 million shares, for a total of approximately $122 million.

"The increase in our dividend and share repurchase authorization reflects our Board of Directors' confidence in the future cash-flow generating capabilities of our business and in maintaining our focus on efficiently allocating capital to create long-term shareholder value," said Ed Tilly, Cboe Global Markets Chairman and Chief Executive Officer.

For a dividend history and other dividend-related data on CBOE Holdings (CBOE) click here.

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