MarketAxess Stock To Go Ex-dividend Tomorrow (MKTX)
The ex-dividend date for MarketAxess Holdings (Nasdaq:MKTX) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $32.83 as of 9:30 a.m., the dividend yield is 1.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for MarketAxess Holdings (Nasdaq: MKTX) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $32.83 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for MarketAxess has been 186,600 shares per day over the past 30 days. MarketAxess has a market cap of $1.18 billion and is part of the financial sector and financial services industry. Shares are up 7% year to date as of the close of trading on Friday. MarketAxess Holdings Inc. operates an electronic trading platform that enables investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The company has a P/E ratio of 26.7, below the average financial services industry P/E ratio of 27.2 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates MarketAxess as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full MarketAxess Ratings Report. See our dividend calendar or top-yielding stocks list.