CBOE dividend analysis

CBOE dividend deep dive

CBOE returns 3.00% per year through the dividend at the current $130.00 share price. The payout sits at 50% of trailing earnings, leaving 50% as retained capital — the standard line for evaluating dividend safety alongside the company's free-cash-flow trajectory.

Pillar mix backing the CBOE dividend: Quality 55/100, Risk 42/100, and a payout-strain adjustment that lands the dividend safety at 55/100. The Risk pillar is the place to look first if leverage or earnings cyclicality is a concern.

Reinvested-distribution math on CBOE at $130.00: holding yield (3.00%) and growth (2.0%) constant, the cumulative income compounds to roughly 16.3% over 5 years, 35.2% over 10, 82.7% over 20.

On the peer line for CBOE: KO (5.00%), PG (1.50%), PEP (2.90%). The cohort-mean yield (3.13%) sets the baseline; the 3.00% read on CBOE is 0.13 pp below that anchor.

For CBOE cash-flow planning: ex-date 2026-03-01, settlement 2026-03-15, quarterly run-rate $0.975/share. Annualized: $3.90.

CBOE synthesis: yield 3.00%, growth 2.0%, safety 55/100, payout 50%. The next earnings line will tell whether free-cash-flow conversion supports the current trajectory.