Published on Sep 27, 2016
Financial
stocks may be lagging, but shares of CME Group are up over 16%
year-to-date due to commodity and interest rate volatility. Bob Landry,
portfolio manager at USAA, said the environment will remain healthy for
the exchange operator and its special dividend is a fantastic kicker.
"CME is offers a great dividend yield of more than 2%, and they
generally pay a special cash dividend once a year which is always nice
for shareholders," said Landry. The CME Group is the world's most
diverse derivatives marketplace, handling three billion contracts worth
approximately $1 quadrillion annually on average. The company provides a
marketplace for buyers and sellers, bringing together individuals and
institutions that need to manage risk or that want to profit by
accepting risk. The CME's exchanges - CME, CBOT, NYMEX and COMEX - offer
products across all major asset classes, including futures and options
based on interest rates, equity indexes, foreign exchange, energy,
agricultural commodities, metals, weather and real estate.
http://www.4-traders.com/CME-GROUP-INC-3782767/
http://www.4-traders.com/CISCO-SYSTEMS-INC-4862/
http://www.4-traders.com/RAYTHEON-COMPANY-14299/
http://www.4-traders.com/TEXAS-INSTRUMENTS-INCORPO-9730651/
http://www.4-traders.com/CME-GROUP-INC-3782767/
http://www.4-traders.com/CISCO-SYSTEMS-INC-4862/
http://www.4-traders.com/RAYTHEON-COMPANY-14299/
http://www.4-traders.com/TEXAS-INSTRUMENTS-INCORPO-9730651/
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