TMX Group Stock

TMX Group Dividend 2024

TMX Group Dividend

2.1 CAD

TMX Group Dividend yield

4.85 %

Ticker

X.TO

ISIN

CA87262K1057

WKN

A1J4GR

How much dividend does TMX Group 2024 pay?

According to the latest status from September 2024, TMX Group paid a total of 2.1 CAD per share in dividends within the last 12 months. With the current TMX Group price of 43.27 CAD, this corresponds to a dividend yield of 4.85 %. A dividend is paid times per year.

4.85 % Dividend Yield=
2.1 CAD Dividend
43.27 CAD Stock Price

Historical TMX Group Dividends

A dividend is paid times per year. Last year, the payout months were March, June, September and December.

PaydateDividend
9/16/20240.19
6/16/20240.19
3/22/20240.18
12/16/20230.18
9/10/20230.18
6/18/20230.87
3/23/20230.87
12/9/20220.83
9/11/20220.83
6/19/20220.83
3/24/20220.83
12/25/20210.77
9/19/20210.77
6/27/20210.77
3/25/20210.7
12/19/20200.7
9/20/20200.7
6/28/20200.66
3/27/20200.66
12/21/20190.66
1
2
3
4
...
5

TMX Group dividend history and estimates

In 2023, TMX Group paid a dividend amounting to 2.1 CAD. Dividend means that TMX Group distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for TMX Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify TMX Group’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating TMX Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

TMX Group Dividend History

DateTMX Group Dividend
2026e1.76 undefined
2025e1.79 undefined
2024e1.76 undefined
20232.1 undefined
20223.32 undefined
20213.01 undefined
20202.72 undefined
20192.52 undefined
20182.24 undefined
20171.95 undefined
20161.65 undefined
20151.6 undefined
20141.6 undefined
20131.6 undefined
20121.6 undefined
20111.6 undefined
20101.54 undefined
20091.52 undefined
20081.52 undefined
20071.52 undefined
20061.32 undefined
20050.9 undefined
20040.58 undefined

Is the TMX Group Dividend Safe?

TMX Group has been increasing the dividend for 8 years.

Over the past 10 years, TMX Group has increased it by an annual 2.757 %.

Over a five-year period, the distribution increased by -1.282%.

Analysts expect a Dividend Cut of -8.41% for the current fiscal year.

TMX Group dividend payout ratio

In 2023, TMX Group had a payout ratio of 233.17%. The payout ratio indicates the percentage of the company's profits that TMX Group distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for TMX Group represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for TMX Group could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate TMX Group's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

TMX Group Payout Ratio History

DateTMX Group Payout ratio
2026e219.71 %
2025e207.56 %
2024e218.38 %
2023233.17 %
2022171.13 %
2021250.83 %
2020277.55 %
2019286.36 %
2018219.61 %
2017147.73 %
2016232.39 %
2015-842.11 %
2014432.43 %
2013347.83 %
20121,142.86 %
2011253.97 %
2010240.63 %
2009542.86 %
2008310.2 %
2007353.49 %
2006347.37 %
2005300 %
2004290 %

Dividend Details

Understanding TMX Group's Dividend Distributions

TMX Group’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining TMX Group's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

TMX Group's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in TMX Group’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

TMX Group Aktienanalyse

What does TMX Group do?

TMX Group Ltd is a company specializing in the operation of financial market infrastructures and services. The company is headquartered in Toronto, Canada and is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). The history of TMX dates back to 1852 when a stock exchange was established in Toronto. Over time, additional exchanges were opened in Canada, eventually leading to the formation of TMX Group in 2008. Since its inception, TMX Group has continuously expanded its range of products and services and has become one of the leading providers of financial market infrastructures in North America. TMX's business model is based on providing state-of-the-art trading platforms, data providers, and clearing and settlement services for a variety of financial markets, including stocks, bonds, currencies, commodities, and derivatives. TMX works closely with government and regulatory authorities to ensure that its activities comply with regulatory requirements and are transparent. TMX Group is divided into various business segments, each offering specialized services and products. These include: - TSX and TSX Venture Exchange: TSX is Canada's premier stock exchange, providing companies with the opportunity to list and publicly trade stocks and other securities. TSX Venture Exchange is a platform for emerging companies seeking capital-raising opportunities. - Montreal Exchange (MX): MX is Canada's leading exchange for options, futures, and other derivatives. Investors can place bets on future developments in stock prices, currencies, and other assets. - NGX: NGX is a leading operator of energy and commodity markets in North America, including natural gas, electricity, carbon emissions, and other commodities. - Shorcan: Shorcan is a leading provider of OTC market information and liquidity in Canada. Shorcan specifically serves the Canadian government securities market. - Trayport: Trayport is a company that offers trading platforms and data services for energy, metal, weather, and agricultural products. In addition to these segments, TMX also operates a range of other services, including: - Data and analytics services: TMX offers comprehensive data and analytics tools, including real-time and historical data, research reports, and data integration services. - Clearing and settlement services: TMX operates clearinghouses that handle transaction settlement and risk assessment. These services are essential for ensuring the security and stability of financial markets. - Technology and infrastructure services: TMX provides technology services that enable other companies to use its trading platforms and systems. It offers a wide portfolio of offerings, including cloud-based solutions and software-as-a-service offerings. Overall, TMX is a key player in North American financial markets. By providing innovative trading platforms, data offerings, and clearing services, TMX contributes to the efficient and transparent flow of capital between companies and investors. TMX Group is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about TMX Group stock

How much dividend does TMX Group pay?

Over the past 12 months, TMX Group paid a dividend of 2.1 CAD . This corresponds to a dividend yield of about 4.85 %. For the coming 12 months, TMX Group is expected to pay a dividend of 1.79 CAD.

What is the dividend yield of TMX Group?

The current dividend yield of TMX Group is 4.85 %.

When does TMX Group pay dividends?

TMX Group pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of TMX Group?

TMX Group paid dividends every year for the past 23 years.

What is the dividend of TMX Group?

For the upcoming 12 months, dividends amounting to 1.79 CAD are expected. This corresponds to a dividend yield of 4.14 %.

In which sector is TMX Group located?

TMX Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von TMX Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TMX Group from 8/30/2024 amounting to 0.19 CAD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.

When did TMX Group pay the last dividend?

The last dividend was paid out on 8/30/2024.

What was the dividend of TMX Group in the year 2023?

In the year 2023, TMX Group distributed 3.32 CAD as dividends.

In which currency does TMX Group pay out the dividend?

The dividends of TMX Group are distributed in CAD.

Andere Kennzahlen von TMX Group

Our stock analysis for TMX Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TMX Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.