MarketAxess Holdings (NASDAQ: MKTX) is increasing its dividend to $0.78, an increase from last year’s payment. While the dividend yield of 1.8% is below the industry average, the payment is well-covered by the company’s earnings, with EPS forecast to grow by 51.9% next year. Although the company has a solid track record of increasing dividends, a recent decline in EPS raises some caution about future growth sustainability.
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MarketAxess Holdings (NASDAQ:MKTX) Is Increasing Its Dividend To $0.78
MarketAxess Holdings (NASDAQ: MKTX) is increasing its dividend to $0.78, an increase from last year’s payment. While the dividend yield of 1.8% is below the industry average, the payment is well-covered by the company’s earnings, with EPS forecast to grow by 51.9% next year. Although the company has a solid track record of increasing dividends, a recent decline in EPS raises some caution about future growth sustainability.