The aggregate annual payout will target approximately 20 percent of the company's cash earnings for the preceding year on the outstanding Class A and Class B shares of the corporation's common stock. The dividends will be paid quarterly.
The Board intends to establish the timing and other details of the first declaration of dividend shortly.
Chicago Mercantile Exchange Holdings Inc. is the parent company of Chicago Mercantile Exchange Inc. (www.cme.com), the largest futures exchange in the United States based on notional value, trading volume and open interest. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX around-the-clock electronic trading platform. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.5 billion per day in settlement payments and manages $27.1 billion in collateral deposits.
