Intercontinental Exchange (ICE) Raises Quarterly Dividend 17.6% to $0.20; 1.4% Yield
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.5%
Revenue Growth %: +6.3%
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Intercontinental Exchange (NYSE: ICE) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 17.6% increase from the prior dividend of $0.17.
The dividend will be payable on March 31, 2017, to stockholders of record on March 16, 2017, with an ex-dividend date of March 14, 2017.
The annual yield on the dividend is 1.4 percent.
“As a growth company, we continue to focus on investing prudently to drive long-term shareholder value, including meaningful capital return to our shareholders,” said ICE Chairman & CEO Jeffrey C. Sprecher. “As we continue to grow earnings and cash flow, we are also delivering consistent dividend growth, and had $950 million remaining on our Board authorized share repurchase program at the beginning of the year.”
For a dividend history and other dividend-related data on Intercontinental Exchange (ICE) click here.
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