By Colin Kellaher
Intercontinental Exchange Inc. on Thursday said its board raised the quarterly dividend by nearly 11%, to 42 cents from 38 cents.
The new payout, equal to $1.68 a year, represents an annual yield of about 1.54% based on Wednesday's closing price of $109.01, up from 1.39%.
The owner of the New York Stock Exchange said the increased dividend is payable March 31 to shareholders of record March 17.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
02-02-23 0755ET