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

Intercontinental Exchange Inc. (NYSE:ICEGet Free Report) declared a quarterly dividend on Thursday, February 5th. Investors of record on Wednesday, December 16th will be given a dividend of 0.52 per share by the financial services provider on Thursday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, December 16th.

Intercontinental Exchange has increased its dividend payment by an average of 0.1%per year 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. 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 Stock Up 1.9%

NYSE:ICE traded up $3.11 during midday trading on Thursday, hitting $167.96. 5,662,647 shares of the company were exchanged, compared to its average volume of 3,763,856. Intercontinental Exchange has a fifty-two week low of $143.17 and a fifty-two week high of $189.35. The company has a market capitalization of $95.77 billion, a PE ratio of 30.59, a price-to-earnings-growth ratio of 1.97 and a beta of 1.02. 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 company has a fifty day simple moving average of $164.73 and a 200 day simple moving average of $166.58.

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

Intercontinental Exchange News Roundup

Here are the key news stories impacting Intercontinental Exchange this week:

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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