TMX Group Limited (TSE:X) Announces Dividend Increase – $0.26 Per Share

TMX Group Limited (TSE:X) announced a quarterly dividend on Friday, August 14th, TickerTech Dividends reports. Stockholders of record on Friday, August 28th will be given a dividend of 0.26 per share on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, August 14th. This is a 8.3% increase from TMX Group’s previous quarterly dividend of $0.24.

TMX Group Stock Performance

TMX Group stock traded down C$0.22 during trading hours on Wednesday, reaching C$53.04. 16,792 shares of the company were exchanged, compared to its average volume of 875,012. TMX Group has a 12 month low of C$44.10 and a 12 month high of C$57.46. The stock has a 50-day moving average of C$49.57 and a 200 day moving average of C$49.97. The company has a current ratio of 2.76, a quick ratio of 0.01 and a debt-to-equity ratio of 41.81. The firm has a market cap of C$14.61 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 12.65 and a beta of -0.15.

TMX Group (TSE:X) last announced its earnings results on Thursday, July 30th. The company reported C$0.62 EPS for the quarter. The firm had revenue of C$487.50 million for the quarter. TMX Group had a net margin of 16.84% and a return on equity of 3.81%. As a group, research analysts anticipate that TMX Group will post 1.7708421 earnings per share for the current year.

About TMX Group

TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.