MarketAxess Holdings hikes dividend by 2.9%

On January 25, 2023, MarketAxess Holdings (MKTX) declared a 2.9% dividend hike to $0.72 quarterly per share. This marks the 13th consecutive year in a row of dividend increases for the electronic trading platform. Last year MKTX announced a dividend hike of 6.1%.

The cash dividend of $0.72 per share is payable on February 22, 2023 to stockholders of record as of the close of business on February 8, 2023. The dividend yield for MKTX will be 0.9% at a stock price of $364.

MarketAxess operates a leading electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments using MarketAxess' patented trading technology. MarketAxess was formed in April 2000, and pilot trading on our fully disclosed multi-dealer platform began in October 2000. The company made its initial public offering of its common stock on November 5, 2004.