InteractiveBrokersGroupInc . Announces Quarterly Dividend of $0.10 (IBKR)

InteractiveBrokersGroupInc . (NASDAQ:IBKR) announced a quarterly dividend on Wednesday, October 17th, Wall Street Journal reports. Stockholders of record on Friday, November 30th will be paid a dividend of 0.10 per share on Friday, December 14th. This represents a $0.40 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Thursday, November 29th.

InteractiveBrokersGroupInc . has a dividend payout ratio of 17.5% indicating that its dividend is sufficiently covered by earnings.

Shares of NASDAQ IBKR opened at $53.84 on Thursday. InteractiveBrokersGroupInc . has a 52-week low of $48.12 and a 52-week high of $80.32.

InteractiveBrokersGroupInc . (NASDAQ:IBKR) last posted its earnings results on Tuesday, July 17th. The company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.05. The business had revenue of $445.00 million for the quarter, compared to analyst estimates of $437.00 million.

About InteractiveBrokersGroupInc .

Interactive Brokers Group, Inc operates as an automated electronic broker in approximately 120 electronic exchanges and market centers worldwide. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. The company custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

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