Nasdaq Announces 10% Increase in Quarterly Dividend to $0.22 Per Share

Rhea-AI Summary

The Board of Directors of Nasdaq has declared a quarterly dividend of $0.22 per share, marking a 10% increase from the previous quarter. This dividend is payable on June 30, 2023, to shareholders who are on record by June 16, 2023. Future declarations of dividends will depend on Board approval. Nasdaq is a global technology company that provides data, analytics, software, and services to capital markets and other industries, reflecting its commitment to client success.

Positive

• Quarterly dividend increased by 10% to $0.22 per share.
• Dividend payment reflects confidence in financial position.

Negative

• None.

NEW YORK, April 19, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.22 per share on the company's outstanding common stock, a 10% increase from the previous quarter. The dividend is payable on June 30, 2023, to shareholders of record at the close of business on June 16, 2023. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, information regarding our dividend program and future payment obligations. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Nasdaq Media Relations Contacts:

Will Briganti
+1.646.964.8169
William.Briganti@Nasdaq.com

Nick Eghtessad
+1.929.996.8894
Nick.Eghtessad@Nasdaq.com

Nasdaq Investor Relations Contacts:

Ato Garrett
+1.212.401.8737
Ato.Garrett@Nasdaq.com

-NDAQF-

FAQ

When is the next dividend payment date for NDAQ?

The next dividend payment date for NDAQ is June 30, 2023.

What is the amount of the quarterly dividend declared by Nasdaq?

Nasdaq has declared a quarterly dividend of $0.22 per share.

What is the record date for receiving the dividend payment?

The record date for receiving the dividend payment is June 16, 2023.

How often does Nasdaq declare dividends?

Nasdaq typically declares dividends on a quarterly basis.

What is the percentage increase in the dividend this quarter?

The dividend has increased by 10% from the previous quarter.