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Nasdaq Raises Dividend by 15%

Nasdaq OMX Group Inc. raised its quarterly dividend by 15%, its first dividend increase since 2012. The dividend was boosted to 15 cents from 13 cents, with the increase costing the stock exchange operator an additional $3.4 million a quarter. The New York-based exchange operator has sought to diversify its revenue as it, like its rivals, has struggled with a slide in stock trading by individual investors and asset managers over the past several years. Last year, it bought bond-trading and investor-relations businesses and is expected to soon launch a marketplace for trading private shares in pre-IPO companies. In a separate release, Nasdaq said its Nasdaq Stock Market led all U.S. exchanges for initial public offerings in the first quarter. Nasdaq had 45 IPOs during the first quarter, more than double the number than any other U.S. exchange. Nasdaq had a total of 74 new listings during the period. The company's shares are down about 6% so far this year. Write to Ben Fox Rubin at ben.rubin@wsj.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
07/27/201610:00:00STX Entertainment’s “Bad Moms” Stars and Corporate Executives to Ri...
07/27/201607:11:42Current Report Filing (8-k)
07/27/201607:00:00Nasdaq Announces Quarterly Dividend of $0.32 Per Share
07/27/201607:00:00Nasdaq Reports Second Quarter 2016 Earnings; Delivers Record...
07/26/201616:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
07/26/201610:00:00Cynosure, Inc. (Nasdaq: CYNO) to Ring The Nasdaq Stock Market...
07/26/201610:00:00CommerceHub (Nasdaq: CHUBA, CHUBK) to Ring The Nasdaq Stock Market...
07/26/201608:45:00Sparkfin to Provide Nasdaq Last Sale Real-Time Market Data
07/25/201610:00:00Retail Opportunity Investments Corp. (Nasdaq: ROIC) to Ring The...
07/25/201610:00:00Aclaris Therapeutics, Inc. (Nasdaq: ACRS) to Ring The Nasdaq...
07/22/201610:00:00Riverstone Holdings to Buy Majority Stake in Silver Run
07/22/201610:00:00Nasdaq Futures to Ring The Nasdaq Stock Market Closing Bell
07/22/201610:00:00Global X Funds to Ring The Nasdaq Stock Market Opening Bell
07/21/201617:46:09The Society of Motion Picture and Television Engineers to Ring...
07/21/201611:47:43Nasdaq Welcomes Impinj, Inc. to The Nasdaq Stock Market
07/21/201611:12:05China Lending Corporation (Nasdaq: CLDC) to Ring The Nasdaq Stock...
07/21/201611:00:00The Nasdaq Stock Market® Leads All US Listing Exchanges with...
07/21/201606:00:00Impinj, Inc. (Nasdaq: PI) to Ring The Nasdaq Stock Market Closing...
07/21/201606:00:00Beauty for Freedom to Ring The Nasdaq Stock Market Opening Bell
07/19/201610:00:00VBI Vaccines Inc. (Nasdaq: VBIV) to Ring The Nasdaq Stock Market...

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