Nasdaq, Inc. (NASDAQ:NDAQ) Shareholders to Get $0.31 Quarterly Dividend

Nasdaq, Inc. (NASDAQ:NDAQ – Get Free Report) announced a quarterly dividend on Thursday, October 22nd. Shareholders of record on Friday, December 4th will be given a dividend of $0.31 per share by the financial services provider on Friday, December 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, December 4th.

Nasdaq has increased its dividend payment by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 14 consecutive years. Nasdaq has a dividend payout ratio of 34.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Nasdaq to earn $4.69 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 26.4%.

Nasdaq Price Performance

NDAQ stock opened at $103.30 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $57.74 billion, a P/E ratio of 30.12, a P/E/G ratio of 1.73 and a beta of 0.99. The business’s 50-day moving average is $94.75 and its two-hundred day moving average is $90.97. Nasdaq has a 1 year low of $76.55 and a 1 year high of $103.39.

Nasdaq (NASDAQ:NDAQ – Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The financial services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. Nasdaq had a return on equity of 18.38% and a net margin of 22.60%. The business had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the company posted $0.88 earnings per share. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. Analysts anticipate that Nasdaq will post 4.13 earnings per share for the current fiscal year.

Nasdaq News Roundup

Here are the key news stories impacting Nasdaq this week:

  • Positive Sentiment: Q3 earnings exceeded expectations: Nasdaq reported adjusted EPS of $1.04, above the $1.02 consensus and up from $0.88 a year earlier. Reported revenue was $2.39 billion, while net revenue rose 13% year over year to approximately $1.5 billion. The stock gained about 4.7% after hours following the release. Nasdaq Q3 Results
  • Positive Sentiment: Growth in recurring and higher-margin businesses supported the outlook: Annualized recurring revenue reached a record $3.4 billion, solutions revenue increased 17% to roughly $1.2 billion, and index revenue jumped 39%. Management also cited double-digit technology and fintech growth, along with continued share repurchases and dividends. NDAQ Q3 Earnings Beat
  • Positive Sentiment: Analyst sentiment was supportive: RBC Capital Markets issued a Buy rating after the results. Nasdaq shares are trading near their 52-week high, and the broader analyst consensus remains favorable, with an average price target of approximately $110.47. RBC Buy Rating
  • Neutral Sentiment: Quarterly dividend maintained: Nasdaq declared a $0.31-per-share dividend payable December 18, equivalent to a $1.24 annualized payout and roughly a 1.2% yield. This supports shareholder returns but was not an increase. Nasdaq Dividend Announcement
  • Negative Sentiment: Insider selling presents a minor caution: EVP Jeremy Skule sold 1,125 shares for approximately $106,875, reducing his holdings by 1.15%. The transaction is small relative to his remaining stake and appears unlikely to offset the positive earnings reaction. SEC Insider Filing

About Nasdaq

(Get Free Report)

Nasdaq, Inc is a global financial technology and market infrastructure company best known for operating the Nasdaq Stock Market, one of the world’s largest electronic stock exchanges. The company provides listing services for public companies and operates trading venues for equities, options and other financial products. Its exchange business serves companies, investors and market participants in the United States, as well as through Nasdaq’s Nordic and Baltic market operations.

Beyond its exchange activities, Nasdaq provides market data, analytics, indexes and technology used by exchanges, brokers, banks, asset managers and other financial institutions.

Further Reading

Dividend History for Nasdaq (NASDAQ:NDAQ)

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