Intercontinental Exchange Inc. Declares Quarterly Dividend of $0.52 (NYSE:ICE)

Intercontinental Exchange Inc. (NYSE:ICEGet Free Report) announced a quarterly dividend on Thursday, February 5th. Investors of record on Monday, June 15th will be given a dividend of 0.52 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, June 15th.

Intercontinental Exchange has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 9 years. Intercontinental Exchange has a dividend payout ratio of 25.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Intercontinental Exchange to earn $7.52 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 25.5%.

Intercontinental Exchange Stock Up 1.9%

Shares of ICE traded up $3.11 during midday trading on Thursday, hitting $167.96. 5,662,647 shares of the company’s stock traded hands, compared to its average volume of 3,763,856. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $95.77 billion, a price-to-earnings ratio of 30.59, a price-to-earnings-growth ratio of 1.97 and a beta of 1.02. The firm’s fifty day moving average is $164.73 and its 200-day moving average is $166.58. Intercontinental Exchange has a 1 year low of $143.17 and a 1 year high of $189.35.

Intercontinental Exchange (NYSE:ICEGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.04. The firm had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $2.51 billion. Intercontinental Exchange had a net margin of 25.24% and a return on equity of 13.79%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.52 earnings per share. As a group, sell-side analysts anticipate that Intercontinental Exchange will post 6.73 earnings per share for the current year.

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Intercontinental Exchange Company Profile

(Get Free Report)

Intercontinental Exchange (NYSE: ICE) is a global operator of exchanges, clearing houses and data services that provides infrastructure for the trading, clearing, settlement and information needs of financial and commodity markets. Founded in 2000 by Jeffrey C. Sprecher as an electronic energy trading platform, the company has grown through organic expansion and acquisitions to operate a broad portfolio of assets spanning listed equities, futures and options, fixed income, and over-the-counter derivatives.

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Dividend History for Intercontinental Exchange (NYSE:ICE)

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