Is CME Group the Dividend Stock for You?
CME Group (NASDAQ: CME) is a total cash cow. One of the world's largest exchanges for derivatives trading, CME pays an annual dividend yielding 1.8% but has also paid a special dividend at least once every year since 2012. For 2020, that special dividend was an extra $2.50 per share, boosting the stock's trailing 12-month yield to nearly 3%.
Derivatives trading is an old business and isn't going away any time soon. In fact, they're a key component to controlling financial risk, and CME is helping expand the importance of derivatives in new ways. If steady growth and income are what you're after, this stock is worth a look.
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Source Fool.com
