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Intercontinental Exchange Announces 10% Increase to its Quarterly Dividend

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Intercontinental Exchange (NYSE: ICE) announced a 10% increase in its first quarter 2021 dividend to $0.33 per share, up from $0.30 in 2020. The dividend will be paid on March 31, 2021, to stockholders of record as of March 17, 2021. The ex-dividend date is March 16, 2021. ICE anticipates an annual total dividend of $1.32 per share for 2021, representing an aggregate payout of approximately $745 million.

Positive
  • Dividend increase of 10% to $0.33 per share.
  • Projected annual dividend of $1.32 per share, equating to a $745 million payout.
Negative
  • None.

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced board authorization of its first quarter 2021 dividend of $0.33 per share, up 10% from its previous $0.30 per share quarterly dividend in 2020.

The first quarter cash dividend is payable on March 31, 2021 to stockholders of record as of March 17, 2021. The ex-dividend date is March 16, 2021.

ICE expects the annual total dividend for 2021 to be $1.32 per share, for an aggregate payout of approximately $745 million, and the expected record and payable dates for the balance of the year are expected to be as noted below, subject to board authorization.

Record Date

 

Payable Date

March 17, 2021

 

March 31, 2021

June 16, 2021

 

June 30, 2021

Sept 16, 2021

 

Sept 30, 2021

Dec 17, 2021

 

Dec 31, 2021

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company and provider of marketplace infrastructure, data services and technology solutions to a broad range of customers including financial institutions, corporations and government entities. We operate regulated marketplaces, including the New York Stock Exchange, for the listing, trading and clearing of a broad array of derivatives contracts and financial securities across major asset classes. Our comprehensive data services offering supports the trading, investment, risk management and connectivity needs of customers around the world and across asset classes. As a leading technology provider for the U.S. residential mortgage industry, ICE Mortgage Technology provides the technology and infrastructure to transform and digitize U.S. residential mortgages, from application and loan origination through to final settlement.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on February 4, 2021.

SOURCE: Intercontinental Exchange
ICE- CORP

FAQ

When is the dividend payment date for ICE?

The dividend payment date for ICE is March 31, 2021.

What is the new dividend amount for ICE in 2021?

The new dividend amount for ICE in 2021 is $0.33 per share.

What are the record and ex-dividend dates for ICE's dividend?

The record date is March 17, 2021, and the ex-dividend date is March 16, 2021.

How much is ICE expected to pay in dividends for the entire year of 2021?

ICE is expected to pay a total of approximately $745 million in dividends for the year 2021.

Intercontinental Exchange Inc.

NYSE:ICE

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