TMX Group Dividend
Dividend criteria checks 5/6
TMX Group is a dividend paying company with a current yield of 2.08% that is well covered by earnings.
Key information
2.1%
Dividend yield
49%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$1.47 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
TMX Group Limited's (TSE:X) P/E Is On The Mark
Apr 18
Some 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) | 2.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast in 3 Years (X) | 2.3% |
Notable Dividend: X's dividend (2.08%) is higher than the bottom 25% of dividend payers in the Canadian market (1.84%).
High Dividend: X's dividend (2.08%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), X's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.9%), X's dividend payments are well covered by cash flows.