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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
04/17/201510:12:24mobileWeek to Ring The Nasdaq Stock Market Opening Bell
04/17/201510:00:00Auspex Pharmaceuticals, Inc. (Nasdaq: ASPX) to Ring The Nasdaq...
04/17/201509:33:01U.S. Stock Futures Fall Along With European Markets
04/17/201509:00:19U.S. Stock Futures Fall Along With European Markets
04/16/201521:10:27BATS Launches Options Market
04/16/201515:17:32U.S. Stocks Trade Higher
04/16/201512:40:12Photo Release -- Nasdaq Welcomes Etsy, Inc. (Nasdaq: ETSY) to...
04/16/201512:33:22Nasdaq Welcomes Virtu Financial, Inc. (Nasdaq: VIRT) to The Nasdaq...
04/16/201511:01:06U.S. Stocks Slip Amid Declines in European Markets
04/16/201510:32:49U.S. StocksSlip as Investors Eye Earnings, Oil Prices
04/16/201510:00:00InVivo Therapeutics Holdings Corp. (Nasdaq: NVIV) to Ring The...
04/16/201510:00:00Corbus Pharmaceuticals Holdings, Inc. (Nasdaq: CRBP) to Ring...
04/16/201509:21:15U.S. Stock Futures Slip as Investors Eye Earnings, Oil Prices
04/16/201506:00:00Etsy, Inc. (Nasdaq: ETSY) to Ring The Nasdaq Stock Market Opening...
04/16/201506:00:00Virtu Financial, Inc. (Nasdaq: VIRT) to Ring The Nasdaq Stock...
04/15/201519:11:04Photo Release -- Nasdaq Welcomes Aduro Biotech, Inc. (Nasdaq:...
04/15/201517:13:40U.S. Stocks Rise; Russell 2000 Hits Record
04/15/201507:02:24IRGiT Upgrades to Nasdaq's X-Stream Clearing Technology
04/15/201507:02:00IRGiT Upgrades to Nasdaq's X-Stream Clearing Technology
04/15/201506:00:00Aduro Biotech (Nasdaq: ADRO) to Ring The Nasdaq Stock Market...

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