Nasdaq, Inc. (NDAQ) Plans Quarterly Dividend of $0.38
Nasdaq, Inc. (NASDAQ:NDAQ) declared a quarterly dividend on Wednesday, October 25th, RTT News reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.38 per share by the financial services provider on Friday, December 29th. This represents a $1.52 annualized dividend and a dividend yield of 2.10%.
Nasdaq (NDAQ) traded down 1.38% during trading on Wednesday, hitting $72.44. The stock had a trading volume of 1,951,051 shares. Nasdaq has a 52 week low of $63.30 and a 52 week high of $78.31. The company has a market cap of $12.08 billion, a price-to-earnings ratio of 55.05 and a beta of 0.77. The company has a 50-day moving average of $75.26 and a 200 day moving average of $72.26.
Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.04. Nasdaq had a return on equity of 12.19% and a net margin of 5.76%. The company had revenue of $607.00 million during the quarter, compared to analysts’ expectations of $599.84 million. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The business’s quarterly revenue was up 3.8% on a year-over-year basis. On average, equities research analysts anticipate that Nasdaq will post $4.16 EPS for the current year.
In other Nasdaq news, insider Ann M. Dennison sold 1,170 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $76.32, for a total value of $89,294.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Edward S. Knight sold 14,629 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $76.74, for a total value of $1,122,629.46. The disclosure for this sale can be found here. Insiders sold 36,844 shares of company stock valued at $2,788,100 in the last three months. Insiders own 1.60% of the company’s stock.
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Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.
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