Cboe Global Markets hikes Q3 2022 dividend
Cboe Global Markets, Inc announces its Board of Directors has declared an increased quarterly cash dividend of $0.50 per share of common stock for the third quarter of 2022, representing a 4% increase from the prior quarter’s dividend of $0.48 per share.
The third-quarter 2022 dividend is payable on September 15, 2022, to stockholders of record as of August 31, 2022.
Let’s recall that Cboe reported global FX net revenue of $16.6 million for the three months to end-June 2022, up 20% from the year-ago period. The rise was a result of higher net transaction and clearing fees.
ADNV traded on the Cboe FX platform was $39.6 billion for the second quarter of 2022, up 22% compared to last year’s second quarter and net capture per one million dollars traded was $2.71 for the quarter, flat compared to $2.71 in the second quarter of 2021.
Cboe FX market share was 17.0 percent for the quarter compared to 16.3 percent in last year’s second quarter.
Across all segments, total revenues less cost of revenues of $424.1 million increased 21%, compared to $350.6 million in the prior-year period, reflecting increases in net transaction and clearing fees and access and capacity fees.
Total operating expenses were $661.5 million versus $160.6 million in the second quarter of 2021, an increase of $500.9 million, primarily due to the impairment of goodwill recognized in the Digital reporting unit, driven by negative events and trends in the broader digital asset environment.
Diluted EPS for the second quarter of 2022 decreased 278% to $(1.74). Adjusted diluted EPS of $1.67 increased 21% compared to 2021’s second quarter results.