Intercontinental Exchange As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
ICE $1.68 10.5% 15.2% 10.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Exchange & Data Services 1.5% 9 11.8% Quarter 2013
Intercontinental Exchange hikes dividend by 14.6%

Intercontinental Exchange (ICE) will raise its quarterly dividend by 14.6 percent to $0.275 per share in the first quarter of 2019.

Last year the dividend was hiked by 20.0 percent by the operator of global exchanges and clearing houses and provider of data and listings services.

The first quarter cash dividend is payable on March 29, 2019 to stockholders of record as of March 15, 2019. The ex-dividend date is March 14, 2019.

A new annualized dividend rate of $1.10 per share yields 1.5% at a stock price of $75.89.

Intercontinental Exchange, Inc. is an operator of regulated exchanges, clearing houses and listings venues, and a provider of data services for commodity, fixed income and equity markets. The company operates regulated marketplaces for listing, trading and clearing of derivatives and securities contracts. ICE also offers end-to-end data services and solutions. ICE became a public company in November 2005 and has been paying a dividend since 2013.