By Colin Kellaher

 

CME Group Inc. on Thursday said its board raised the quarterly dividend by 5.9%, to 90 cents from 85 cents.

The new payout, equal to $3.60 a year, represents an annual yield of about 1.88% based on Wednesday's closing price of $191.99, up from 1.77%.

The Chicago security and commodity exchange company said the increased 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 04, 2021 08:00 ET (13:00 GMT)

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