Marketaxess (MKTX) Posts Q2 EPS of $0.18, Beats by 1c; Declares a $0.07 Quarterly Dividend; 2.3% Yield

July 28, 2010 7:08 AM EDT Send to a Friend
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Price: $61.15 -6.83%

EPS Growth %: -4.2%

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Other: 562K

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Marketaxess (Nasdaq: MKTX) reports Q2 EPS of $0.18, 1 cent better than the analyst estimate of $0.17. Revenue for the quarter was $35.3 million, which compares to the estimate of $34.56 million.

The Company's board of directors declared a quarterly cash dividend of $0.07 per share of common stock outstanding or issuable upon conversion of outstanding shares of non-voting common stock and Series B preferred stock, to be paid on August 25, 2010 to stockholders of record as of the close of business on August 11, 2010. The ex-dividend date is August 9, 2010.

Yield on the dividend is 2.3%.

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