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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
01/13/201713:09:41people.io to Ring The Nasdaq Stock Market Closing Bell
01/13/201710:06:40Tactile Systems Technology, Inc. (Nasdaq: TCMD) to Ring The Nasdaq...
01/12/201711:20:41The Nasdaq Stock Market® Led US Listing Exchanges with 38 Percent...
01/12/201710:06:00NBC News’ “Sunday TODAY with Willie Geist” to Ring The Nasda...
01/12/201710:06:00CNBC's “Fast Money” to Ring The Nasdaq Stock Market Closing Bel...
01/11/201716:30:00Nasdaq December 2016 Volumes, 4Q16 Est. Revenue Capture
01/11/201716:05:00Nasdaq Announces End-of-Month Open Short Interest Positions in...
01/11/201710:00:00PCTEL, Inc. (Nasdaq: PCTI) to Ring The Nasdaq Stock Market Opening...
01/11/201710:00:00Reven Housing REIT, Inc. (Nasdaq: RVEN) to Ring The Nasdaq Stock...
01/10/201714:23:59The First Class of Milestone Makers to Ring The Nasdaq Stock...
01/10/201710:00:00Littelfuse, Inc. (Nasdaq: LFUS) to Ring The Nasdaq Stock Market...
01/09/201710:05:008x8, Inc. (Nasdaq: EGHT) to Ring The Nasdaq Stock Market Opening...
01/09/201710:05:00Ichor Holdings, Ltd. (Nasdaq: ICHR) to Ring The Nasdaq Stock...
01/09/201706:00:00Muscular Dystrophy Association (MDA) to Ring The Nasdaq Stock...
01/06/201710:05:00Deloitte Technology Fast 500 to Ring The Nasdaq Stock Market...
01/05/201711:37:30lululemon athletica inc. (Nasdaq: LULU) to Ring The Nasdaq Stock...
01/05/201711:32:53Juicero to Ring The Nasdaq Stock Market Closing Bell
01/04/201717:05:00Statement of Changes in Beneficial Ownership (4)
01/04/201717:04:07Statement of Changes in Beneficial Ownership (4)
01/04/201717:03:16Statement of Changes in Beneficial Ownership (4)

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