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Screenshot of a breaking news alert e-mail from Q2 2017
Yesterday, CME Group Inc declared its third-quarter dividend of $0.47 per share, payable September 25, 2014, to shareholders of record as of September 10, 2014.
The dividend which will be payable in September is equal to the dividend which was payable for the previous quarter, however is significantly less than the dividend which was declared in November last year and paid on January 1, which amounted to $2.6 per share.
As of close of business yesterday, CME stock was worth $73.59, a decrease of 0.08%.
As a marketplace which is involved in a diverse set of global activities, CME was recently granted regulatory approval under the European Market Infrastructure Regulation to operate as a central counterparty, which, along with its newly established European operations which will offer on-exchange FX trading on the other side of the Atlantic, serves to increase CME’s international presence and may increase revenues long term.
Conversely, a number of competitors in that sector have, along with the regulatory considerations in North America and Europe, caused CME to reduce its prices. Despite the trend-bucking increase in FX trading volumes that CME experienced in June this year, bowing to competition by reducing charges may take its toll in affecting share prices.