TMX Group Dividend
Dividend criteria checks 5/6
TMX Group is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
55%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.28 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (TMXX.F) | 2.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Capital Markets) | 2.3% |
Analyst forecast in 3 Years (TMXX.F) | 2.3% |
Notable Dividend: TMXX.F's dividend (1.98%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: TMXX.F's dividend (1.98%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.3%), TMXX.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.4%), TMXX.F's dividend payments are well covered by cash flows.