By Colin Kellaher

 

S&P Global Inc. (SPGI) on Wednesday said its board raised the quarterly dividend by 17.5% to 67 cents from 57 cents.

The new payout, equal to $2.68 a year, represents an annual yield of about 0.9% based on Tuesday's closing price of $297.28, up from 0.77%.

The New York provider of ratings and analytics said the increased dividend is payable March 11 to shareholders of record Feb. 26.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 29, 2020 09:46 ET (14:46 GMT)

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