TMX Group Limited Increases Dividend by 10% to $0.22 per Common Share
TMX Group Limited (OTC:TMXXF) has announced a 10% increase in its quarterly dividend to $0.22 per common share, up from $0.20.
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Rhea-AI Summary
TMX Group Limited (OTC:TMXXF) has announced a 10% increase in its quarterly dividend to $0.22 per common share, up from $0.20. The dividend will be payable on August 29, 2025, to shareholders of record as of August 15, 2025.
This marks TMX Group's fifth dividend increase in three years, demonstrating the company's strong business model and successful global growth strategy. The dividend is designated as an "eligible dividend" for Canadian income tax purposes.
Positive
- 10% dividend increase to $0.22 per share
- Fifth dividend increase in three years showing consistent growth
- Strong business model and successful global growth strategy
Negative
- None.
Details
News Market Reaction – TMXXF
The recorded move for TMXXF in the trading session of this news was +2.72%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - July 31, 2025) - The Board of Directors of TMX Group Limited today declared a dividend of
"TMX Group's fifth dividend increase in three years reflects the strength of our business model, the benefits of an adaptive global growth strategy, and our commitment to deliver increased value to shareholders," said David Arnold, Chief Financial Officer of TMX Group. "Looking ahead, we continue to pursue ways to accelerate our growth trajectory while maintaining a disciplined approach to capital allocation."
TMX Group hereby advises that this dividend is designated as an "eligible dividend" for Canadian income tax purposes.
For the results of the quarter ended June 30, 2025 for TMX Group, please click on the following link: http://www.tmx.com/investor-relations/.
About TMX Group (TSX: X)
TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.
For more information, please contact:
| Catherine Kee Head of Media Relations TMX Group 416-671-1704 catherine.kee@tmx.com | Amanda Tang Head of Investor Relations TMX Group 416-895-5848 amanda.tang@tmx.com |
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260690
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