TMX Group Dividends and Buybacks
Dividend criteria checks 4/6
TMX Group is a dividend paying company with a current yield of 1.75% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
1.7%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -4.2% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | CA$0.760 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Here's Why We Think TMX Group (TSE:X) Might Deserve Your Attention Today
Sep 29
Subdued Growth No Barrier To TMX Group Limited's (TSE:X) Price
Aug 31Here's Why TMX Group (TSE:X) Has Caught The Eye Of Investors
Jun 07TMX Group Limited's (TSE:X) P/E Is On The Mark
Apr 18Some Confidence Is Lacking In TMX Group Limited's (TSE:X) P/E
Dec 18Do TMX Group's (TSE:X) Earnings Warrant Your Attention?
Apr 14TMX Group's (TSE:X) Dividend Will Be Increased To CA$0.87
Feb 10Is Now The Time To Put TMX Group (TSE:X) On Your Watchlist?
Dec 20Here's Why We Think TMX Group (TSE:X) Is Well Worth Watching
Aug 28Analysts Just Made A Substantial Upgrade To Their TMX Group Limited (TSE:X) Forecasts
May 05Here's Why I Think TMX Group (TSE:X) Is An Interesting Stock
May 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: X's dividends per share have been stable in the past 10 years.
Growing Dividend: X's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TMX Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (X) | 1.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Capital Markets) | 1.5% |
| Analyst forecast (X) (up to 3 years) | 2.0% |
Notable Dividend: X's dividend (1.75%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: X's dividend (1.75%) is low compared to the top 25% of dividend payers in the Canadian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.5%), X's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41%), X's dividend payments are well covered by cash flows.