U.S. markets open in 3 hours 5 minutes
  • S&P Futures

    4,205.50
    +11.25 (+0.27%)
     
  • Dow Futures

    34,528.00
    +86.00 (+0.25%)
     
  • Nasdaq Futures

    13,637.75
    +40.00 (+0.29%)
     
  • Russell 2000 Futures

    2,253.40
    +13.50 (+0.60%)
     
  • Crude Oil

    64.57
    -0.14 (-0.22%)
     
  • Gold

    1,821.10
    +5.40 (+0.30%)
     
  • Silver

    27.43
    -0.04 (-0.15%)
     
  • EUR/USD

    1.2088
    +0.0019 (+0.16%)
     
  • 10-Yr Bond

    1.5610
    0.0000 (0.00%)
     
  • Vix

    18.26
    -0.89 (-4.65%)
     
  • GBP/USD

    1.3925
    +0.0033 (+0.24%)
     
  • USD/JPY

    109.1100
    +0.0250 (+0.02%)
     
  • BTC-USD

    56,459.11
    -1,904.21 (-3.26%)
     
  • CMC Crypto 200

    1,474.43
    +3.02 (+0.21%)
     
  • FTSE 100

    7,116.11
    +39.94 (+0.56%)
     
  • Nikkei 225

    29,357.82
    +26.45 (+0.09%)
     

Analyzing MarketAxess Holdings's Ex-Dividend Date

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.

On October 27, 2020, MarketAxess Holdings (NASDAQ: MKTX) declared a dividend payable on November 25, 2020 to its shareholders. MarketAxess Holdings also announced that shareholders on the company's books on or before November 11, 2020 are entitled to the dividend. The stock will then go ex-dividend 2 business day(s) before the record date. MarketAxess Holdings has an ex-dividend date set for for November 9, 2020. The company's current dividend payout is $0.6, which equates to a dividend yield of 0.44% at current price levels.

The Significance Of Ex-Dividend Dates

An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Understanding MarketAxess Holdings's Dividend History

Over the past year, MarketAxess Holdings has seen its dividend payouts climb upward and its yields trend downward. Last year on November 5, 2019 the company's payout sat at $0.51, which has since increased by $0.09. MarketAxess Holdings's dividend yield last year was 0.6%, which has since decreased by 0.16%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

To read more news on MarketAxess Holdings click here.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.