CBOE Holdings Increases Quarterly Dividend By 10 Percent, To $0.23 Per Share

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that its Board of Directors has approved a 10-percent increase in the company’s quarterly cash dividend, to $0.23 from $0.21 per share of common stock. The change will be effective with the third-quarter dividend and payable on September 18, 2015, to stockholders of record at the close of business on September 4, 2015.

"The quarterly dividend increase reflects our long-term commitment to enhancing shareholder value," said CBOE Holdings Chief Executive Officer Edward T. Tilly, noting that CBOE has increased its dividend every year since 2010. "We continue to invest in strategic growth opportunities, while our strong cash flow allows us to return capital to shareholders."

In May 2015, CBOE Holdings' Board increased its share repurchase authorization by $100 million of its outstanding common stock. The Board has authorized a total of $500 million for stock repurchases since 2011.