ASX (ASX:ASX) has declared a final dividend of 112.1 AU cents per share.

The company foresees reduced inflationary pressures and a growing confidence around peak interest rates, which should be positive for cash market trading volumes.

Furthermore, ASX experienced a fiscal year increase in total expenses of 12.3%, prompted by heightened investment in risk management and technology-related activities, alongside Chess-related review costs.

A secure pipeline of corporates is expected to consider listing on ASX as conditions improve.

The company has also introduced a dividend payout ratio range of between 80% and 90% from FY24.

The guidance provided in June at investor day is reiterated by ASX.

ASX is a leading financial market exchange in Australia, known for providing a full suite of services such as listings, trading, clearing, and settlement across various asset classes.