Intercontinental Exchange Ups Dividend to $0.48 per Share
Intercontinental Exchange Increases Quarterly Dividend
Intercontinental Exchange (NYSE: ICE) has made an important announcement regarding its dividend policy. This leading global financial services provider is known for its role in optimizing data and technological resources in the financial markets. With a proactive approach, the board has authorized a dividend of $0.48 per share for the first quarter of the next financial year—marking a notable 7% increase from the previous dividend of $0.45 per share.
Details of the Quarterly Dividend
The upcoming cash dividend will be payable on March 31 of next year, rewarding shareholders who are on record as of March 17. This strategic move by ICE reflects its commitment to delivering consistent returns on investment to its stakeholders. Additionally, the ex-dividend date is also set for March 17, ensuring clear communication for stockholders.
Projected Annual Dividends
Looking ahead, ICE anticipates that the total annual dividend for 2025 will rise to $1.92 per share. This projection is subject to board approval but indicates the company’s solid financial position and ongoing commitment to shareholder returns. Below are the anticipated record and payable dates for the forthcoming dividends:
Dividend Record and Payable Dates
Expected record and payable dates for the remaining dividends of the year are outlined below:
- Record Date: March 17, Payable Date: March 31
- Record Date: June 13, Payable Date: June 30
- Record Date: September 16, Payable Date: September 30
- Record Date: December 16, Payable Date: December 31
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) stands as a Fortune 500 firm dedicated to designing and operating digital networks that connect investors and traders. Its expansive network provides financial technology and data services that span major asset classes. With a strong focus on enhancing efficiency and transparency, ICE plays a pivotal role in empowering its clients with critical workflow tools.
ICE's exchanges include premier entities like the New York Stock Exchange and various clearing houses, offering a platform where individuals and institutions can manage risk, raise capital, and invest effectively. Its influence extends to energy and environmental products, making ICE a crucial player in global finance.
In addition to trading, the firm excels in providing fixed income, data services, and execution capabilities, helping clients streamline processes and seize potential opportunities in the market. The transformative ICE Mortgage Technology is also reshaping the U.S. housing finance sector through innovative solutions that encompass everything from consumer engagement to long-term servicing.
ICE’s trademarks include Intercontinental Exchange, ICE, and NYSE. The firm’s commitment to connecting clients with opportunities reflects its strategic vision in the financial landscape.
Frequently Asked Questions
What is the new dividend amount for Intercontinental Exchange?
The new dividend amount is $0.48 per share, reflecting a 7% increase from the previous amount.
When is the dividend payable?
The dividend is payable on March 31, with the record date set for March 17.
How does ICE plan to distribute dividends throughout 2025?
ICE has projected an annual total dividend of $1.92 per share and provided details on various record and payable dates throughout the year.
What markets does Intercontinental Exchange operate in?
ICE operates in diverse markets including futures, equities, options, and energy products, providing extensive financial services.
What are ICE's key offerings?
ICE offers financial technology, data services, trading platforms, and solutions for mortgage technology, enhancing operational efficiency for users across various sectors.
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