Intercontinental Exchange (ICE) Declares $0.24 Quarterly Dividend, 1.3% Yield; Announces New $2B Share Buyback Authorization

Intercontinental Exchange (NYSE: ICE) declared a quarterly dividend of $0.24 per share, or $0.96 annualized.

The dividend will be payable on December 31, 2018, to stockholders of record on December 14, 2018, with an ex-dividend date of December 13, 2018.

The annual yield on the dividend is 1.3 percent.

Share Buyback

Through September 30, 2018, ICE has repurchased nearly $1.1 billion of its common stock at an average price of $73.54 and it expects to exhaust the remaining $141 million of its current $1.2 billion authorization during the fourth quarter 2018. The new $2.0 billion authorization for share repurchases is effective January 1, 2019 with no end date.

ICE’s fourth quarter 2018 dividend is payable on December 31, 2018 to stockholders of record as of December 14, 2018. The ex-dividend date is December 13, 2018. Upon paying the fourth quarter dividend, ICE will have paid out approximately $556 million in dividends during 2018, a 17% increase versus 2017.

For a dividend history and other dividend-related data on Intercontinental Exchange (ICE) click here.

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