CME Group Stock To Go Ex-dividend Tomorrow (CME)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for CME Group (Nasdaq: CME) is tomorrow, September 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $55.16 as of 9:30 a.m. ET, the dividend yield is 3.3%.

The average volume for CME Group has been two million shares per day over the past 30 days. CME Group has a market cap of $18.25 billion and is part of the financial sector and financial services industry. Shares are up 12.7% year to date as of the close of trading on Tuesday.

CME Group Inc. operates the CME, CBOT, NYMEX and COMEX futures exchanges worldwide. The company provides a range of products across various asset classes, such as interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather, and real estate. The company has a P/E ratio of 11.6, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full CME Group Ratings Report.

See our dividend calendar or top-yielding stocks list.

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