ASX Flags Lower Dividend Payouts to Meet Regulatory Costs

ASX Ltd. lowered its first-half dividend and forecast reduced payouts for the next few years as it grapples with costs tied to a regulatory probe, and starts its hunt for a new chief executive.

Australia’s main exchange operator said its interim dividend would be A$1.018 per share, down from A$1.112 a year ago, in a Thursday statement. The stock fell 1.7%