Cboe Global Markets (MIL:1CBOE) Dividend Payout Ratio: 0.20 (As of Jun. 2026) — 29% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1CBOE Cboe Global Markets Inc MIL:1CBOE
68 GF Score
Price €253.60
GF Value €203.82
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Cboe Global Markets Dividend Payout Ratio?

Cboe Global Markets MIL:1CBOE +0.48% 68 Dividend Payout Ratio is 0.20 as of Jun. 2026, which is 29% below its 10-year median of 0.28. GuruFocus rates MIL:1CBOE with a GF Score™ of 68/100 and a GF Value™ of €203.82 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 325 Capital Markets companies, Cboe Global Markets ranks better than 68.62% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Cboe Global Markets's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.20.

The historical rank and industry rank for Cboe Global Markets's Dividend Payout Ratio or its related term are showing as below:

MIL:1CBOE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.28   Max: 0.4
Current: 0.22

During the past 13 years, the highest Dividend Payout Ratio of Cboe Global Markets was 0.40. The lowest was 0.22. And the median was 0.28.

MIL:1CBOE's Dividend Payout Ratio is ranked better than
68.62% of 325 companies
in the Capital Markets industry
Industry Median: 0.33 vs MIL:1CBOE: 0.22

As of today (2026-08-15), the Dividend Yield % of Cboe Global Markets is 0.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cboe Global Markets was 1.85%. The lowest was 0.76%. And the median was 1.19%.

Cboe Global Markets's Dividends per Share for the months ended in Jun. 2026 was €0.63.

During the past 12 months, Cboe Global Markets's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cboe Global Markets was 48.90% per year. The lowest was 9.40% per year. And the median was 13.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Cboe Global Markets (MIL:1CBOE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Cboe Global Markets Dividend Payout Ratio Related Terms

Cboe Global Markets Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Cboe Global Markets's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cboe Global Markets Dividend Payout Ratio Chart

Cboe Global Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.19

Cboe Global Markets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.27 0.24 0.20 0.20

MIL:1CBOE vs MSCI, COIN, TRU: Dividend Payout Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cboe Global Markets Dividend Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cboe Global Markets's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cboe Global Markets's Dividend Payout Ratio falls into.


MIL:1CBOE
68GF Score
Cboe Global Markets Inc MIL:1CBOE
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cboe Global Markets Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Cboe Global Markets's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.768/ 9.112
=0.19

Cboe Global Markets's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.625/ 3.09
=0.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.20 mean?
Cboe Global Markets (MIL:1CBOE) has a Dividend Payout Ratio of 0.20 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cboe Global Markets and its competitors. This is 29% below median its historical median of 0.28. Over the past decade, Cboe Global Markets' Dividend Payout Ratio has ranged from 0.22 to 0.40. According to the industry distribution chart, Cboe Global Markets ranks #102 out of 325 companies in the Capital Markets industry, placing it in the top 31.4%.
Is Cboe Global Markets' Dividend Payout Ratio too high?
Cboe Global Markets' current Dividend Payout Ratio of 0.20 is 29% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.40. The Capital Markets industry median Dividend Payout Ratio is 0.33. Cboe Global Markets' value of 0.20 is 39.4% below this industry median. Based on the distribution chart, Cboe Global Markets ranks #102 out of 325 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Cboe Global Markets has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cboe Global Markets' Dividend Payout Ratio compare to MSCI and COIN?
According to the Capital Markets industry distribution chart, Cboe Global Markets ranks #102 out of 325 companies for Dividend Payout Ratio. This puts Cboe Global Markets in the upper half of its industry. The industry median Dividend Payout Ratio is 0.33. Cboe Global Markets' value of 0.20 is 39.4% below this benchmark. Historically, Cboe Global Markets' own Dividend Payout Ratio has ranged from 0.22 to 0.40 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.33, Cboe Global Markets has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Capital Markets company?
The median Dividend Payout Ratio among Capital Markets companies is 0.33, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cboe Global Markets's current Dividend Payout Ratio of 0.20 is 39.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Cboe Global Markets and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cboe Global Markets's current Dividend Payout Ratio is 0.20, which is 29% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cboe Global Markets stock overvalued right now?
Based on GuruFocus' analysis, Cboe Global Markets (MIL:1CBOE) is currently considered Modestly Overvalued. The stock's GF Value™ is €203.82, compared to a current price of €253.60 — trading 24.4% above its estimated fair value. The current Dividend Payout Ratio is 0.20, which is 29% below median its 10-year median of 0.28 and 39.4% below the Capital Markets industry median of 0.33. Cboe Global Markets' overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Cboe Global Markets (MIL:1CBOE), the current Dividend Payout Ratio is 0.20 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cboe Global Markets (MIL:1CBOE) Overvalued in 2026?

Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued. The current stock price of €253.60 is trading 24.4% above its estimated GF Value™ of €203.82. GuruFocus considers Cboe Global Markets to be Modestly Overvalued.

Key valuation signals for MIL:1CBOE:

  • Dividend Payout Ratio: 0.20 (29% below median its 10-year median of 0.28)
  • GF Value™: €203.82 vs. price of €253.60 (24.4% above fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 39.4% below the Capital Markets median (#102 of 325)

No single metric tells the full story. See the MIL:1CBOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cboe Global Markets Business Description

Address 433 West Van Buren Street, Chicago, IL, USA, 60607
Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.
68GF Score

Get the complete analysis for MIL:1CBOE

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€253.60
Price
€203.82
GF Value