Last week, Intercontinental Exchange (NYSE: ICE) announced its fourth quarter and full year earnings for 2021, and soon thereafter announced a 15% increase to its first quarter 2022 dividend, which is payable on March 31, 2022 to stockholders of record as of March 17, 2022.
ICE expects the annual total dividend for 2022 to be $1.52 per share, for an aggregate payout of approximately $843 million.
According to the company, 2021 marked its 16th consecutive year of record revenues.
As for its mortgage technology segment, fourth quarter revenues were $346 million. Full year mortgage technology revenues were $1.4 billion.
According to stock analysis platform Investors Observer:
“Intercontinental Exchange Inc (ICE) is the highest overall rated company in the Financial Data & Stock Exchanges industry with an overall score of 69… The overall score measures the company’s performance based-off both short and long term indicators and means that ICE scores better than 69% of the overall market.”
It adds that the financial data & stock exchanges industry has an average overall score of 46, which means that the stocks in this industry score higher, on average, than 46% of the stock market.