Intercontinental Exchange Raises Quarterly Dividend by 7.1%

By Colin Kellaher

Intercontinental Exchange's board has raised the New York Stock Exchange parent's quarterly dividend by 7.1%, to 45 cents from 42 cents.

The new payout, equal to $1.80 a year, represents an annual yield of about 1.41% based on Wednesday's closing price of $128.08, up from 1.31%.

The Atlanta company on Thursday said the increased dividend is payable March 29 to shareholders of record March 15.

Write to Colin Kellaher at [e-mail]

(END) Dow Jones Newswires

02-08-24 0758ET