MarketAxess Holdings Inc.
MKTXFinancial Services · Stock · quarterly payer
Forward Yield
2.68%
Annual Dividend
$3.12
Payout Ratio
36%
5-Yr Growth
4.8%
Ex-Date
May 20, 2026
Frequency
Quarterly
Is MKTX a good dividend stock?
YesMarketAxess Holdings Inc. (MKTX) pays a quarterly dividend yielding 2.68% ($3.12/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (36%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.68%
- Payout Ratio
- 36%
- Annual Dividend
- $3.12
- 5-Yr Avg Growth
- 4.8%
- Ex-Dividend Date
- May 20, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.85
- Market Cap
- $4.1B
- P/E Ratio
- 13.8
- 5-Yr Total Return
- -75%
- 52-Week Range
- $115.55 – $228.16
- Dividend Safety
- A · 85/100
- Ever Cut?
- No
Frequently Asked Questions
MKTX Price — Last 12 Months
Daily close
Price Return
1 Year
-48%
3 Years
-55%
5 Years
-75%
52-Week Range
$115.55 – $228.16
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MKTX worth?
Undervaluedmedium confidenceOur blended fair-value estimate for MarketAxess Holdings Inc. is $202.59 per share, versus a market price of $116.51. That implies 74% of upside — a margin of safety of about 42%.
Fair Value
$202.59
Current Price
$116.51
Upside
+74%
Margin of Safety
42%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 12.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.6% discount rate (CAPM), 12.5% stage-1 growth, 2.5% terminal growth, $8.44 EPS, $3.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MKTX Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 20, 2026 | — | $0.7800 | regular |
| Feb 18, 2026 | — | $0.7800 | regular |
| Nov 19, 2025 | — | $0.7600 | regular |
| Aug 20, 2025 | — | $0.7600 | regular |
| May 21, 2025 | — | $0.7600 | regular |
| Feb 19, 2025 | — | $0.7600 | regular |
| Nov 20, 2024 | — | $0.7400 | regular |
| Aug 21, 2024 | — | $0.7400 | regular |
| May 21, 2024 | — | $0.7400 | regular |
| Feb 13, 2024 | — | $0.7400 | regular |
| Nov 7, 2023 | — | $0.7200 | regular |
| Aug 1, 2023 | — | $0.7200 | regular |
| May 9, 2023 | — | $0.7200 | regular |
| Feb 7, 2023 | — | $0.7200 | regular |
Income Calculator
At $3.12 / yr per share
