Intercontinental Exchange Inc. (ICE) will raise its quarterly dividend by 9.1 percent to $0.30 per share in the first quarter of 2020. Last year the dividend was hiked by 14.6 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 31, 2020 to stockholders of record as of March 17, 2020. The ex-dividend date is March 16. A new annualized dividend rate of $1.20 per share yields 1.3% at a stock price of $92.63.

Intercontinental Exchange, Inc., formerly IntercontinentalExchange Group, 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.