Nasdaq, Inc.

(NASDAQ Global Select)
Slightly Bullish +25

NDAQ Dividend History: 1.16% Yield Β· $0.31 quarterly | MerryDiv

πŸ“ˆ NDAQ pays an annual dividend of $1.12 per share ($0.31 quarterly) with a current yield of 1.16% as of September 2026.

πŸ“‰ The stock trades at approximately $96.88, resulting in a yield that is below the company's five-year average of 1.34%.

πŸ’° NDAQ maintains a conservative payout ratio of 32.3%, retaining most earnings to fund operations and future dividend growth.

πŸ“Š Historical dividend growth from 2013 to 2025 achieved a CAGR of 6.0%, with the annual per-share amount rising from $0.52 to $1.05.

πŸ›‘οΈ Revenue stability is supported by recurring SaaS contracts for compliance tools like Nasdaq Trade Surveillance and Verafin.

🌐 The company operates a diverse ecosystem including exchanges, market data licensing, and financial crime surveillance solutions.

Bullish Signals
  • NDAQ maintains a conservative payout ratio of 32.3%, providing substantial room to sustain and grow the dividend without stretching earnings.
  • The company has demonstrated a compound annual dividend growth rate (CAGR) of 6.0% from 2013 to 2025, reflecting a history of increasing shareholder returns.
Risk Factors
  • The current dividend yield of 1.16% is below the company's five-year average of 1.34%, offering less income relative to recent historical norms.
Full Analysis
Nasdaq, Inc. (NDAQ) is a technology and financial infrastructure company operating global exchanges, market surveillance tools, and data services. As of September 2026, the company pays an annual dividend of $1.12 per share ($0.31 quarterly), resulting in a current yield of 1.16% based on a stock price of approximately $96.88. The next ex-dividend date is set for September 11, 2026. The company maintains a conservative payout ratio of 32.3%, retaining the majority of earnings to support dividend growth and business operations. Historical data from 2013 to 2025 shows a compound annual growth rate (CAGR) of 6.0% for dividends, with the per-share amount increasing from $0.52 in 2013 to $1.05 in 2025. This growth is underpinned by recurring revenue streams from SaaS-based compliance tools like Nasdaq Trade Surveillance and Verafin, as well as licensing of financial indexes. NDAQ's dividend yield currently sits below its five-year average of 1.34%, indicating that investors are receiving less income relative to recent historical norms. While the low yield may not appeal to high-income seekers, the conservative payout structure provides substantial room for future sustainability and growth. The stock exhibits a beta of 0.974, moving closely with the broader market, making it suitable for investors prioritizing earnings reinvestment over immediate high income.