By Colin Kellaher

Intercontinental Exchange Inc. (ICE) on Thursday said its board raised the quarterly dividend by 9% to 30 cents from 27.5 cents.

The new payout, equal to $1.20 a year, represents an annual yield of about 1.29% based on Wednesday's closing price of $92.88, up from 1.18%.

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

February 06, 2020 08:26 ET (13:26 GMT)

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