Intercontinental Exchange (ICE) increased its quarterly dividend by 7.14%, from 42¢ to $45¢ per share.
The dividend is payable on 29 March to shareholders of record on 15 March. The ex-dividend date is 14 March.
ICE's contribution to DivGro's projected annual dividend income will increase by $12 to $180.
I own 100 shares of ICE at an average cost basis of $93.61 per share. Following this increase, my yield on cost is 1.92%. (ICE's forward yield is 1.33% at $135.49 per share).
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