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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 [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
02/27/201716:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
02/27/201710:39:36In Honor of International Rare Disease Day, Abeona Therapeutics...
02/27/201710:22:44Anika Therapeutics, Inc., (Nasdaq: ANIK) to Ring The Nasdaq Stock...
02/24/201710:58:01Feeding America to Ring The Nasdaq Stock Market Opening Bell
02/24/201710:46:56Summer Infant, Inc. (Nasdaq: SUMR) to Ring The Nasdaq Stock Market...
02/23/201716:30:00Statement of Changes in Beneficial Ownership (4)
02/23/201710:00:00Cellect Biotechnology Ltd. (Nasdaq: APOP) to Ring The Nasdaq...
02/23/201710:00:00Women Veterans on Wall Street to Ring The Nasdaq Stock Market...
02/22/201710:00:00Bank of Montreal and Elkhorn Investments, LLC to Ring The Nasdaq...
02/22/201710:00:00Microbot Medical Inc. (Nasdaq: MBOT) to Ring The Nasdaq Stock...
02/21/201710:00:00Imperva, Inc. (Nasdaq: IMPV) to Ring The Nasdaq Stock Market...
02/21/201704:30:17Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
02/21/201704:30:00Nasdaq and Borse Dubai Sign Landmark Market Technology Deal  
02/17/201710:09:45Comtech Telecommunications Corp. (Nasdaq: CMTL) to Ring The Nasdaq...
02/17/201710:09:45Waterstone Financial, Inc. (Nasdaq: WSBF) to Ring The Nasdaq...
02/16/201711:42:06DKMS and Supermodel Coco Rocha to Ring The Nasdaq Stock Market...
02/16/201710:05:09VH1’s “The Breaks” to Ring The Nasdaq Stock Market Opening Bell...
02/16/201708:45:40The Bowery Mission to Ring The Nasdaq Stock Market Closing Bell
02/16/201708:00:33Nasdaq to Power EBS BrokerTec's Market Surveillance Efforts
02/16/201708:00:00Nasdaq to Power EBS BrokerTec’s Market Surveillance Efforts

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