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