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Intercontinental Exchange Announces 11% Increase to its Quarterly Dividend

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Intercontinental Exchange (NYSE: ICE) announced an increase in its quarterly dividend to $0.42 per share, an 11% rise from last year's $0.38. This cash dividend will be payable on March 31, 2023 to shareholders recorded as of March 17, 2023, with an ex-dividend date of March 16, 2023. For 2023, ICE expects a total annual dividend of $1.68 per share, with subsequent payments scheduled through the year, contingent on board approval.

Positive
  • Quarterly dividend increased to $0.42, up 11% from previous $0.38.
  • Expected annual total dividend for 2023 is $1.68 per share, indicating strong financial health.
Negative
  • None.

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, announced board authorization of its first quarter 2023 dividend of $0.42 per share, up 11% from its previous $0.38 per share quarterly dividend in 2022.

The first quarter cash dividend is payable on March 31, 2023 to stockholders of record as of March 17, 2023. The ex-dividend date is March 16, 2023.

ICE expects the annual total dividend for 2023 to be $1.68 per share. 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, 2023

 

 

March 31, 2023

June 15, 2023

 

 

June 30, 2023

September 15, 2023

 

 

September 29, 2023

December 14, 2023

December 29, 2023 

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

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, 2022, as filed with the SEC on February 2, 2023.

Category : Corporate

SOURCE: Intercontinental Exchange

ICE- CORP

ICE Investor Relations Contact:

Katia Gonzalez

+1 678 981 3882

katia.gonzalez@ice.com

investors@ice.com

ICE Media Contact:

Josh King

+1 212 656 2490

josh.king@ice.com

media@ice.com

Source: Intercontinental Exchange

FAQ

What is the dividend amount declared by ICE for Q1 2023?

ICE declared a dividend of $0.42 per share for Q1 2023.

When will ICE's Q1 2023 dividend be paid?

The Q1 2023 dividend will be paid on March 31, 2023.

What are the record and ex-dividend dates for ICE's Q1 2023 dividend?

The record date is March 17, 2023, and the ex-dividend date is March 16, 2023.

What is the expected annual dividend for ICE in 2023?

ICE expects an annual total dividend of $1.68 per share for 2023.

Intercontinental Exchange Inc.

NYSE:ICE

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