TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment delivers equities and index data, as well as integrated data sets for the proprietary and third party analytics to help clients in making trading and investment decisions; and provides solutions to European and global wholesale energy markets for price discovery, trade execution, post-trade transparency, and straight through processing. The Capital Formation segment operates Toronto Stock Exchange, a national stock exchange for the senior equities market; TSX Venture Exchange, a national stock exchange for the public venture equity market; and TSX Trust that provides corporate trust, registrar, transfer agency, and foreign exchange services. The Derivatives Trading & Clearing segment operates Montreal Exchange, a national derivatives exchange; Canadian Derivatives Clearing Corporation, a clearinghouse for options and futures contracts; and various over-the-counter products and fixed income repurchase agreements. The Equities and Fixed Income Trading & Clearing segment engages in the trading operations of Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange; and clearing and settlement of equities and fixed income transactions, and custody of securities; and provision of fixed income inter-dealer brokerage services. The company was formerly known as Maple Group Acquisition Corporation and changed its name to TMX Group Limited in August 2012. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada.
TMX Dividend Announcement
• TMX announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-15
• TMX annual dividend for 2024 was $0.44
• TMX annual dividend for 2023 was $4.96
• TMX's trailing twelve-month (TTM) dividend yield is 1.71%
• TMX's payout ratio for the trailing twelve months (TTM) is 50.44%
• TMX's dividend growth over the last five years (2018-2023) was -0.73% year
• TMX's dividend growth over the last ten years (2013-2023) was -1.51% year
TMX Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-15 | $0.14 | quarterly | 2024-11-29 |
| 2024-08-16 | $0.10 | quarterly | 2024-08-30 |
| 2024-05-16 | $0.10 | quarterly | 2024-05-31 |
| 2024-02-22 | $0.10 | quarterly | |
| 2023-11-16 | $0.10 | quarterly | 2023-12-01 |
| 2023-08-10 | $0.10 | quarterly | 2023-08-25 |
| 2023-05-18 | $2.40 | quarterly | 2023-06-02 |
| 2023-02-23 | $2.37 | quarterly | 2023-03-10 |
| 2022-11-09 | $2.31 | quarterly | 2022-11-24 |
| 2022-08-11 | $2.54 | quarterly | 2022-08-26 |
| 2022-05-19 | $2.51 | quarterly | 2022-06-03 |
| 2022-02-24 | $2.56 | quarterly | 2022-03-11 |
| 2021-11-26 | $2.39 | quarterly | 2021-12-10 |
| 2021-08-19 | $2.39 | quarterly | 2021-09-03 |
| 2021-05-27 | $2.63 | quarterly | 2021-06-11 |
| 2021-02-25 | $2.21 | quarterly | 2021-03-12 |
| 2020-11-19 | $2.04 | quarterly | 2020-12-04 |
| 2020-08-20 | $2.01 | quarterly | 2020-09-04 |
| 2020-05-28 | $1.75 | quarterly | 2020-06-12 |
| 2020-02-27 | $1.85 | quarterly | 2020-03-13 |
| 2019-11-21 | $1.87 | quarterly | 2019-12-06 |
| 2019-08-22 | $1.75 | quarterly | 2019-09-06 |
| 2019-05-23 | $1.71 | quarterly | 2019-06-07 |
| 2019-02-28 | $1.78 | quarterly | 2019-03-15 |
| 2018-11-23 | $0.17 | quarterly | 2018-12-07 |
| 2018-08-23 | $1.71 | quarterly | 2018-09-07 |
| 2018-05-24 | $1.75 | quarterly | 2018-06-08 |
| 2018-03-01 | $1.52 | quarterly | 2018-03-16 |
| 2017-11-24 | $1.96 | quarterly | 2017-12-08 |
| 2017-08-23 | $1.59 | quarterly | 2017-09-08 |
| 2017-05-24 | $1.37 | quarterly | 2017-06-09 |
| 2017-03-01 | $1.26 | quarterly | 2017-03-17 |
| 2016-11-16 | $1.24 | quarterly | |
| 2016-08-17 | $1.21 | quarterly | |
| 2016-05-25 | $1.17 | quarterly | |
| 2016-02-24 | $1.07 | quarterly | |
| 2015-11-18 | $1.13 | quarterly | |
| 2015-08-19 | $1.16 | quarterly | |
| 2015-05-27 | $1.29 | quarterly | |
| 2015-02-18 | $1.38 | quarterly | |
| 2014-11-19 | $1.57 | quarterly | |
| 2014-08-20 | $1.67 | quarterly | |
| 2014-05-21 | $1.68 | quarterly | |
| 2014-02-19 | $1.65 | quarterly | |
| 2013-11-20 | $1.90 | quarterly | |
| 2013-08-14 | $1.94 | quarterly | |
| 2013-05-22 | $1.94 | quarterly |
TMX Dividend per year
TMX Dividend growth
TMX Dividend Yield
TMX current trailing twelve-month (TTM) dividend yield is 1.71%. Interested in purchasing TMX stock? Use our calculator to estimate your expected dividend yield:
TMX Financial Ratios
P/E ratio30.79
PEG ratio1.16
P/B ratio0.28
ROE2.87%
Payout ratio50.44%
Current ratio1.00
Quick ratio1.00
Cash Ratio0.01
TMX Dividend FAQ
How much is the next TMX dividend?
TMX's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next TMX dividend. The next TMX dividend will be released in February, May, August, or November.
When is TMX dividend paid?
TMX pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does TMX pay?
The specific amount of TMX dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TMX's dividend history.
Does TMX stock pay dividends?
Yes, TMX does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find TMX's dividend history.
How much dividend does TMX pay?
TMX paid $0.438 in 2024, $4.959 in 2023, $9.915 in 2022, $9.626 in 2021, and $7.651 in 2020.
How often does TMX pay dividends?
TMX typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is TMX's dividend yield?
The current dividend yield for TMX is 1.71%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate TMX's exact dividend yield.
When does TMX go ex dividend?
TMX's ex-dividend date for the latest dividend was on 2024-11-15. TMX typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next TMX dividend paid?
TMX pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will TMX increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether TMX will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is TMX dividend per share?
TMX paid $0.438 per share in 2024 and $4.959 per share in 2023. The amount of dividend per share that TMX pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is TMX a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is TMX a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is TMX a dividend stock?
Yes, TMX is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is TMX a good dividend stock?
Whether TMX is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. TMX has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating TMX as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating TMX as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does TMX pay dividends monthly?
TMX typically pays dividends on a quarterly basis.
Does TMX pay dividends quarterly?
TMX currently pays dividends on a quarterly basis.
Has TMX ever paid a dividend?
Yes, TMX has a history of paying dividends to its shareholders. TMX is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy TMX dividend stocks?
To buy TMX you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy TMX stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy TMX stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does TMX pay dividends 2024?
TMX pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will TMX increase its dividend in 2024?
Decisions regarding TMX dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date TMX dividend overview you can look into the above table of dividend history.
How TMX dividend works?
The TMX dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how TMX's dividend process works:
1. Determination of Dividend: TMX's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TMX publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TMX distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TMX are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: TMX's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TMX publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TMX distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TMX are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are TMX dividends paid?
TMX dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: TMX sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TMX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TMX declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: TMX sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TMX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TMX declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does TMX pay dividends?
TMX typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does TMX pay dividends?
The general pattern is that TMX pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is TMX dividend safe?
The safety of TMX's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of TMX's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TMX's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of TMX's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TMX's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.