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

Intercontinental Exchange Inc. (NYSE:ICEGet Free Report) announced a quarterly dividend on Thursday, February 5th. Investors of record on Wednesday, September 16th will be given a dividend of 0.52 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 16th.

Intercontinental Exchange has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 9 consecutive years. Intercontinental Exchange has a dividend payout ratio of 25.1% meaning its dividend is sufficiently covered by earnings. Research 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 Trading Up 1.9%

Shares of ICE traded up $3.11 during mid-day trading on Thursday, reaching $167.96. The company’s stock had a trading volume of 5,662,647 shares, compared to its average volume of 3,763,856. Intercontinental Exchange has a 52 week low of $143.17 and a 52 week high of $189.35. The stock has a market cap of $95.77 billion, a PE ratio of 30.59, a P/E/G ratio of 1.97 and a beta of 1.02. The company’s fifty day moving average price is $164.73 and its two-hundred day moving average price is $166.58. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.61.

Intercontinental Exchange (NYSE:ICEGet Free Report) last issued its earnings results on Thursday, February 5th. The financial services provider reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $2.51 billion. Intercontinental Exchange had a net margin of 25.24% and a return on equity of 13.79%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.52 EPS. On average, analysts predict that Intercontinental Exchange will post 6.73 earnings per share for the current fiscal year.

Key Stories Impacting Intercontinental Exchange

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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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