TMX Group Dividends

X Stock  CAD 44.02  0.18  0.41%   
As of the 25th of November 2024, Dividend Payout Ratio is likely to grow to 0.75, while Dividends Paid is likely to drop about 122.7 M. TMX Group's past performance could be the main factor of why investors trade TMX Group Limited stock today. Investors should clearly understand every aspect of the TMX Group dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest TMX Group's dividend schedule and payout information. TMX Group Limited dividends can also provide a clue to the current valuation of TMX Group.
Last ReportedProjected for Next Year
Dividends Paid196.9 M122.7 M
Dividend Yield 0.02  0.02 
Dividend Payout Ratio 0.55  0.75 
Dividend Paid And Capex Coverage Ratio 2.00  1.51 
One of the primary advantages of investing in dividend-paying companies such as TMX Group is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in dividend-paying stocks, such as TMX Group Limited is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in TMX Group must own a stock before its ex-dividend date to receive its next dividend.

TMX Group Expected Dividend Income Per Share

Dividend payment represents part of TMX Group's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in TMX Group. TMX Group's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.85
Bottom Scenario
C$0.87
$0.88
Top Scenario
One Year
TMX Group Limited expected dividend income per share adjusted for ongoing price standard deviation

TMX Group Past Distributions to stockholders

Please note, there is a significant difference between TMX Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMX Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMX Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Compare Dividends Across Peers

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