By Colin Kellaher

Intercontinental Exchange Inc. on Thursday said its board raised the quarterly dividend by 10%, to 33 cents, from 30 cents.

The new payout, equal to $1.32 a year, represents an annual yield of about 1.14% based on Wednesday's closing price of $115.30, up from 1.04%.

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 04, 2021 08:02 ET (13:02 GMT)

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