Interactive Brokers Group, Inc. (NASDAQ:IBKR) Plans $0.09 Quarterly Dividend

Interactive Brokers Group, Inc. (NASDAQ:IBKRGet Free Report) declared a quarterly dividend on Tuesday, July 21st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.0875 per share by the financial services provider on Monday, September 14th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, September 1st.

Interactive Brokers Group has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Interactive Brokers Group has a payout ratio of 4.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Interactive Brokers Group to earn $2.91 per share next year, which means the company should continue to be able to cover its $0.35 annual dividend with an expected future payout ratio of 12.0%.

Interactive Brokers Group Price Performance

IBKR stock opened at $94.42 on Wednesday. The business has a 50 day simple moving average of $89.76 and a two-hundred day simple moving average of $78.97. Interactive Brokers Group has a 1-year low of $58.95 and a 1-year high of $97.84. The company has a market capitalization of $160.17 billion, a price-to-earnings ratio of 40.70, a PEG ratio of 2.10 and a beta of 1.33.

Interactive Brokers Group (NASDAQ:IBKRGet Free Report) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.05. The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Interactive Brokers Group had a net margin of 9.65% and a return on equity of 5.19%. During the same period last year, the company posted $0.51 earnings per share. Sell-side analysts anticipate that Interactive Brokers Group will post 2.55 EPS for the current fiscal year.

Interactive Brokers Group News Roundup

Here are the key news stories impacting Interactive Brokers Group this week:

Interactive Brokers Group Company Profile

(Get Free Report)

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.

Further Reading

Dividend History for Interactive Brokers Group (NASDAQ:IBKR)

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