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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
06/30/201612:45:40Nasdaq Welcomes HarborOne Bancorp to The Nasdaq Stock Market
06/30/201610:00:00Winners of 2016 Wharton Business Plan Competition to Ring the...
06/30/201610:00:00United States Navy, Marine Corps and Coast Guard to Ring The...
06/30/201608:07:26Nasdaq Completes Acquisition of International Securities Exchange
06/30/201606:00:00HarborOne Bancorp (Nasdaq: HONE) to Ring The Nasdaq Stock Market...
06/29/201610:00:00The New York Society of Security Analysts (NYSSA) to Ring The...
06/28/201617:13:44UPDATE – Siili Solutions Plc (Nasdaq Helsinki: SIILI) to Ring T...
06/28/201616:05:00Nasdaq Holds Second Quarter 2016 Investor Conference Call
06/28/201610:00:00Siili Solutions Plc (Nasdaq Helsinki: SIILI) to Ring The Nasdaq...
06/28/201610:00:00CorVel (Nasdaq: CRVL) to Ring The Nasdaq Stock Market Opening...
06/28/201610:00:00Earthport Plc to Ring The Nasdaq Stock Market Closing Bell
06/28/201608:00:00Diversified Investments Stocks Review - Ares Capital, Nasdaq...
06/27/201610:00:00Automatic Data Processing, Inc. (Nasdaq: ADP) to Ring Nasdaq...
06/27/201607:46:24Shark Week and Discovery Communications Inc. (Nasdaq: DISCA...
06/26/201621:10:00Asia Stocks Prepare For More Volatility
06/24/201618:00:00Medpace Files for IPO
06/24/201617:09:15Nasdaq Closing Cross Calculates U.S. Russell Indexes for the...
06/24/201616:46:02Nasdaq Closing Cross Calculates U.S. Russell Indexes for the...
06/24/201616:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
06/24/201610:00:00Socket Mobile, Inc. (Nasdaq: SCKT) to Ring The Nasdaq Stock Market...

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