TMX Group Dividends and Buybacks
Dividend criteria checks 5/6
TMX Group is a dividend paying company with a current yield of 1.72% 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 | 1.9% |
| Dividend Growth | -4.3% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$0.548 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TMXX.F's dividends per share have been stable in the past 10 years.
Growing Dividend: TMXX.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TMX Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TMXX.F) | 1.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (TMXX.F) (up to 3 years) | 1.9% |
Notable Dividend: TMXX.F's dividend (1.72%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: TMXX.F's dividend (1.72%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.5%), TMXX.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41%), TMXX.F's dividend payments are well covered by cash flows.