Intercontinental Exchange (ICE) Raises Quarterly Dividend 20% to $0.24; 1.3% Yield

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Go back to Intercontinental Exchange (ICE) Raises Quarterly Dividend 20% to $0.24; 1.3% Yield

Intercontinental Exchange Announces 20% Increase to its Quarterly Dividend

February 7, 2018 7:35 AM EST

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced board authorization of its first quarter 2018 dividend of $0.24 per share, up 20% from its previous $0.20 per share quarterly dividend in 2017.

"We remain committed to balanced capital allocation that delivers long-term shareholder value, including growing our capital return as we grow, said ICE CFO, Scott Hill. We delivered another year of record revenue, record earnings and strong cash flow generation, which has allowed us to grow our annualized dividend over 15% on average... More