TMX Group Limited (TSE:X) to Issue 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 Trading Down 0.2%

Shares of TSE:X traded down C$0.11 on Wednesday, hitting C$53.15. The company had a trading volume of 27,194 shares, compared to its average volume of 875,012. The firm’s 50-day simple moving average is C$49.57 and its two-hundred day simple moving average is C$49.97. The firm has a market capitalization of C$14.64 billion, a price-to-earnings ratio of 24.49, a P/E/G ratio of 12.65 and a beta of -0.15. The company has a quick ratio of 0.01, a current ratio of 2.76 and a debt-to-equity ratio of 41.81. TMX Group has a 1 year low of C$44.10 and a 1 year high of C$57.46.

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

TMX Group Company Profile

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.