A Cheap Dividend Growth Stock: Cboe Global Markets

Summary

  • It's a very tricky environment for dividend investors as dividend yields have dropped since the pandemic in 2020.
  • Cboe offers a high-growth dividend opportunity with a decent dividend yield of 1.7%.
  • The company has strong free cash flow, a healthy balance sheet, and the ability to maintain high growth, thanks to its business model.

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Introduction

The S&P 500 is down roughly 5% year-to-date while I'm writing this. The Tech-heavy ETF (QQQ) is down close to 10%. While none of this is a lot - historically speaking - it won't hurt to look for stocks

This article was written by

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Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of NDAQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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