Interactive Brokers Group, Inc. (IBKR) To Go Ex-Dividend on September 1st

Interactive Brokers Group, Inc. (NASDAQ:IBKR) declared a quarterly dividend on Tuesday, July 21st. Shareholders of record on Tuesday, September 1st will be paid 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 yield of 0.4%. The ex-dividend date is Tuesday, September 1st.

Interactive Brokers Group has increased its dividend by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 2 years. Interactive Brokers Group has a dividend payout ratio of 4.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Interactive Brokers Group to earn $3.17 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 11.0%.

Interactive Brokers Group Trading Down 0.7%

Interactive Brokers Group stock opened at $95.84 on Friday. The firm has a market capitalization of $163.06 billion, a P/E ratio of 38.34, a PEG ratio of 1.77 and a beta of 1.34. The business has a 50-day moving average of $92.11 and a 200-day moving average of $82.56. Interactive Brokers Group has a 1 year low of $58.95 and a 1 year high of $98.75.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.05. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.80 billion. Interactive Brokers Group had a net margin of 9.94% and a return on equity of 5.37%. Interactive Brokers Group’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 EPS. Research analysts anticipate that Interactive Brokers Group will post 2.68 EPS for the current fiscal year.

About Interactive Brokers Group

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.