MARKETAXESS HOLDINGS Boosts Dividend by $0.70 per Share

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Marketaxess Holdings Intrinsic Value – MARKETAXESS HOLDINGS ($NASDAQ:MKTX), Inc. announced today that its quarterly dividend will be $0.70 per share, which is in line with its previous dividend. The dividend is payable on November 16 to shareholders of record on November 2, and the ex-dividend date is November. MARKETAXESS HOLDINGS is a leading operator in the electronic trading of fixed-income securities.

The company provides a platform for institutional trading of corporate bonds, government and agency bonds, mortgage- and asset-backed securities, and municipal bonds. MarketAxess has a strong balance sheet and generates significant cash flow, which gives it the ability to continue to grow its dividend at a healthy pace.

Dividends

MARKETAXESS HOLDINGS, Inc. announced today that it has issued a dividend per share of 2.72 USD for the second quarter of its fiscal year 2022, which ended on June 30. This is an increase of $0.70 per share from the dividends of 2.64 USD and 2.4 USD that the company issued in the last two years. MARKETAXESS HOLDINGS‘ dividend yields from 2020 to 2022 are 0.5%, 0.55%, and 0.74%. Its three-year average dividend yield is 0.6%.

Price History

The repurchase program will be funded from available cash and cash equivalents. Since the announcement, media coverage has been mostly negative, with some commentators questioning the sustainability of the dividend and others expressing concern about the potential impact of the share repurchase program on the company’s financial position. On Wednesday, MARKETAXESS HOLDINGS stock opened at $239.0 and closed at $233.5, down by 3.2% from prior closing price of 241.2.

VI Analysis – Marketaxess Holdings Intrinsic Value Calculator

The intrinsic value of a company’s shares reflects the company’s long-term potential. The below analysis on MARKETAXESS HOLDINGS is made simple by VI app. The intrinsic value of MARKETAXESS HOLDINGS share is around $438.9, calculated by VI Line. Now MARKETAXESS HOLDINGS stock is traded at $233.5, undervalued by 47%.

VI Peers

MarketAxess Holdings Inc is a leading financial markets technology company. It provides an electronic trading platform for fixed income securities, including corporate bonds, government and agency bonds, asset-backed securities, and credit default swaps. The company’s competitors include Tradeweb Markets Inc, Aryaman Capital Markets Ltd, and Matsui Securities Co Ltd.

– Tradeweb Markets Inc ($NASDAQ:TW)

Tradeweb Markets Inc is a financial markets platform company. It has a market cap of 10.91B and a ROE of 6.51%. The company offers electronic trading for a variety of fixed income products, including government bonds, corporate bonds, mortgage-backed securities, and credit default swaps. It also provides post-trade processing and analytics. The company was founded in 1996 and is headquartered in New York, New York.

– Aryaman Capital Markets Ltd ($BSE:538716)

With a market cap of 707.85M as of 2022, Aryaman Capital Markets Ltd is a company that is doing quite well. The company has a Return on Equity of 10.69%. The company deals in providing financial services and is based in India. The company is doing quite well in terms of its market cap and ROE.

– Matsui Securities Co Ltd ($TSE:8628)

Matsui Securities Co., Ltd. is a Japanese securities firm headquartered in Tokyo. It is a member of the Nikkei 225 stock index. The company was founded in 1931 and its current president is Takuya Matsui. The company offers a range of services including retail and institutional brokerage, investment banking, and research. It has offices in Tokyo, Osaka, Nagoya, and Fukuoka.

Summary

Investing in MARKETAXESS HOLDINGS can be a smart move for investors. The company has a strong track record of paying dividends, and its dividend yield is one of the highest in the market. MARKETAXESS HOLDINGS is also a well-established company with a good reputation. Its stock price may be volatile in the short-term, but over the long-term, it has the potential to generate healthy returns for investors.