TMX Group Limited

TSX:X Stock Report

Market Cap: CA$16.1b

TMX Group Dividends and Buybacks

Dividend criteria checks 4/6

TMX Group is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 29th August, 2025 with an ex-dividend date of 15th August, 2025.

Key information

1.6%

Dividend yield

-0.07%

Buyback Yield

Total Shareholder Yield1.5%
Future Dividend Yield1.8%
Dividend Growth9.4%
Next dividend pay date29 Aug 25
Ex dividend date15 Aug 25
Dividend per sharen/a
Payout ratio51%

Recent dividend and buyback updates

TMX Group's (TSE:X) Dividend Will Be Increased To CA$0.22

Aug 04
TMX Group's (TSE:X) Dividend Will Be Increased To CA$0.22

TMX Group's (TSE:X) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 08
TMX Group's (TSE:X) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

TMX Group's (TSE:X) Dividend Will Be Increased To CA$0.22

Aug 04
TMX Group's (TSE:X) Dividend Will Be Increased To CA$0.22

TMX Group Limited's (TSE:X) Price Is Out Of Tune With Earnings

Jun 14
TMX Group Limited's (TSE:X) Price Is Out Of Tune With Earnings

TMX Group's (TSE:X) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 08
TMX Group's (TSE:X) Shareholders Will Receive A Bigger Dividend Than Last Year

Unpleasant Surprises Could Be In Store For TMX Group Limited's (TSE:X) Shares

Jan 15
Unpleasant Surprises Could Be In Store For TMX Group Limited's (TSE:X) Shares
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Calculated Acquisitions And Innovations Set The Stage For Thriving Global Solutions Growth

TMX Group's strategic acquisitions and partnerships are set to enhance capabilities and product offerings, driving future revenue growth in various markets.

Here's Why We Think TMX Group (TSE:X) Might Deserve Your Attention Today

Sep 29
Here's Why We Think TMX Group (TSE:X) Might Deserve Your Attention Today

Subdued Growth No Barrier To TMX Group Limited's (TSE:X) Price

Aug 31
Subdued Growth No Barrier To TMX Group Limited's (TSE:X) Price

Upcoming Dividend Payment

TodayAug 07 2025Ex Dividend DateAug 15 2025Dividend Pay DateAug 29 202514 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Stability 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
How does X dividend yield compare to the market?
SegmentDividend Yield
Company (X)1.6%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.3%
Industry Average (Capital Markets)1.8%
Analyst forecast (X) (up to 3 years)1.8%

Notable Dividend: X's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.83%).

High Dividend: X's dividend (1.56%) is low compared to the top 25% of dividend payers in the Canadian market (6.26%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.4%), X's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.9%), X's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/06 21:43
End of Day Share Price 2025/08/06 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TMX Group Limited is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeremy CampbellBarclays
Benjamin BudishBarclays
Etienne RicardBMO Capital Markets Equity Research