Nasdaq, Inc. has announced an increase in its dividend payout compared to the same period last year. The company will distribute a new dividend of $0.27 per share on June 27. Despite this increase, the dividend yield remains relatively low at just 1.3%, which is below the industry average.
Strong Dividend Coverage by Earnings
Although the dividend yield is modest, it is encouraging to see that the dividend is well-supported by the company’s earnings. Based on the latest payout, Nasdaq has managed to distribute dividends with a healthy margin of safety while retaining a significant portion of its profits to support business growth.
Forecasts indicate that earnings per share (EPS) could grow by 48.1% over the next year. If the current trend continues, the payout ratio is expected to reach approximately 34%, which is considered a safe and sustainable level.
Nasdaq Technical Analysis
On the 4-hour timeframe, the Nasdaq index shows a steady upward trend accompanied by periodic corrections.
This bullish move has formed in response to a daily demand zone and is now approaching its historical resistance level. Therefore, it makes sense to monitor the market for any bearish confirmation signals. While there is potential for a breakout beyond the resistance, taking long positions at the current level carries high risk.
The key support level at $20,670 could provide a base for a new all-time high. However, if this level is broken, the price may decline further toward the $19,000 area, regardless of interim fluctuations.
Key Levels and Trade Opportunities
The $21,870–$22,230 range is the next significant resistance area. If signs of a trend reversal appear within this zone on lower timeframes, it could offer a short-selling opportunity targeting the $20,670 support level.
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