Nasdaq Announces Quarterly Dividend of $0.22 Per Share

Rhea-AI Summary

Nasdaq, Inc. (NDAQ) has declared a regular quarterly dividend of $0.22 per share on the company's outstanding common stock. The dividend is payable on March 28, 2024 to shareholders of record at the close of business on March 14, 2024. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

Positive

• Regular quarterly dividend declared by Nasdaq, Inc.
• Dividend of $0.22 per share on outstanding common stock
• Dividend payable on March 28, 2024
• Future declarations subject to Board approval

Negative

• None.

Insights

Financial Analyst

The declaration of a regular quarterly dividend by Nasdaq, Inc. reflects a commitment to returning value to shareholders. The specified amount of $0.22 per share provides investors with a predictable income stream, which is particularly appealing to income-focused investors. In the context of the broader market, the stability of dividend payments can be an indicator of a company's financial health and operational stability.

Investors often look at dividend yield and payout ratios to assess the sustainability of dividends. A comparison with industry peers and historical dividend trends of Nasdaq, Inc. would be crucial in evaluating whether the dividend payment is in line with the company's financial performance and growth prospects. Any significant deviation from historical patterns could warrant further analysis.

Market Research Analyst

Dividend announcements can have market signaling effects. The maintenance or increase in dividend payouts may signal to the market that the company's management has confidence in its current and future earnings. Conversely, a reduction or omission of dividends could be interpreted as a potential red flag for financial distress or a shift in strategic focus towards reinvestment.

It is also important to consider the broader economic context. For instance, in a rising interest rate environment, high dividend-paying stocks might become less attractive relative to fixed-income alternatives. Therefore, the impact of such a dividend declaration could vary based on prevailing economic conditions and investor sentiment.

NEW YORK, Jan. 31, 2024 (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. The dividend is payable on March 28, 2024 to shareholders of record at the close of business on March 14, 2024. 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 leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric 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 X @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.

Media Relations Contacts:

Nick Jannuzzi
+1.973.760.1741
Nicholas.Jannuzzi@Nasdaq.com

Nick Eghtessad
+1.929.996.8894
Nick.Eghtessad@Nasdaq.com

Investor Relations Contact:

Ato Garrett
+1.212.401.8737
Ato.Garrett@Nasdaq.com

-NDAQF-

FAQ

What is the dividend amount declared by Nasdaq, Inc. (NDAQ)?

Nasdaq, Inc. has declared a regular quarterly dividend of $0.22 per share on the company's outstanding common stock.

When is the dividend payable to shareholders of Nasdaq, Inc. (NDAQ)?

The dividend is payable on March 28, 2024 to shareholders of record at the close of business on March 14, 2024.

Who approves the future declarations of quarterly dividends for Nasdaq, Inc. (NDAQ)?

Future declarations of quarterly dividends are subject to approval by the Board of Directors of Nasdaq, Inc.