Analysis – Intercontinental Exchange Inc. Increases Dividend by 15%


Intercontinental Exchange Incorporated announced a regular quarterly dividend of $0.75 per share, a 15 percent increase from the prior rate of $0.65 per share. The dividend will be paid at the new higher rate on June 30, 2015, to shareholders of record at close of business on June 16, 2015.

Date Quarterly Dividend
6/16/2015 0.75
3/13/2015 0.65
12/12/2014 0.65
9/12/2014 0.65
6/12/2014 0.65
3/13/2014 0.65
12/12/2013 0.65

Analysis of Valuation of Intercontinental Exchange Inc. (Symbol ICE).

Intercontinental Exchange is trading at the bottom of its average price/book value (P/BV) range. Intercontinental Exchange is trading below its average dividend yield range.

Price 05/05/15 % Yield 5 Year Div. Growth Rate BV    2015 P/BV  Ratio 10 yr P/BV  Low 10 yr P/BV  High 5 yr max Yield % 5 yr lowest Yield %
$232.17 1.10% 17 118.55 1.16 1.16 14.57 1.27% 1.09%
Intercontinental Exchange Inc. Dividend Yield Chart (Click to enlarge)


Explanation:  Dividend growth financial stocks may be valued upon historical relative price/book value and current yield analysis. Dividend financial stocks trading at a low historical price/book value (P/BV) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/BV ratio stocks.  Max P/BV price target is based upon company reaching its highest historical P/BV ratio.  Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years.

Further information on evaluating dividend growth candidates can be found at

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