Barclays now sees two Fed cuts this year, says jumbo Fed cuts ’very unlikely’
ATLANTA - Intercontinental Exchange, Inc. (NYSE:ICE) announced Thursday a quarterly dividend of $0.48 per share for the third quarter of 2025, representing a 7% increase from the $0.45 per share paid in the third quarter of 2024. This marks the company’s 13th consecutive year of dividend increases, according to InvestingPro data, with the current yield standing at 1.03%.
The dividend will be payable on September 30, 2025, to stockholders of record as of September 16, 2025, which is also the ex-dividend date, according to a press release statement.
ICE, which operates the New York Stock Exchange among other financial marketplaces, has continued its pattern of dividend growth with this announcement. The company provides technology and data services across major asset classes, including futures, equity, and options exchanges.
The Fortune 500 company also operates clearing houses and offers markets for trading energy and environmental products, as well as providing fixed income, data services and execution capabilities.
Through its ICE Mortgage Technology division, the company is involved in various aspects of U.S. housing finance, from consumer engagement through loan servicing.
In other recent news, Intercontinental Exchange (ICE) reported record trading volumes in the first half of 2025, with 1.2 billion futures and options contracts traded. The company noted that the average daily volume reached 10 million contracts, with approximately 6 million being commodity contracts. Trading volumes across ICE’s markets increased by 24% year-over-year, and open interest rose by 10%. In terms of analyst activity, Piper Sandler raised its price target for ICE to $202, maintaining an Overweight rating, while Jefferies increased its target to $209, citing strong performance in the energy segment. UBS also raised its price target to $210 and increased its earnings per share estimate for the second quarter of 2025 to $1.78, slightly above the consensus estimate. Additionally, ICE announced plans to expand its NYSE family of indices with the introduction of the NYSE Elite Tech 100 Index, which will focus on highly liquid and investable technology leaders. These developments reflect a dynamic period for ICE, with significant growth in trading volumes and strategic expansions in its index offerings.
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