Intercontinental Exchange (ICE) Declares $0.20 Quarterly Dividend, 1.2% Yield; Announces New $1.2B Share Buyback Authorization

November 2, 2017 8:33 AM EDT

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Intercontinental Exchange (NYSE: ICE) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on December 29, 2017, to stockholders of record on December 14, 2017, with an ex-dividend date of December 13, 2017.

The annual yield on the dividend is 1.2 percent.

Share Buyback Authorization

The new $1.2 billion authorization, effective January 1, 2018, represents a twenty percent increase from the company's previous repurchase authorization of $1 billion which it expects to exhaust by the end of 2017. Through October 31, 2017, ICE has repurchased $792 million of its common stock at an average price of $62.39.

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

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