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TMX Group Ltd. Stock Dividends Overview

X.TO pays dividends quarterly. Last paid amount was $0.180 at Mar 08, 2024. As of today, dividend yield (TTM) is 2.84%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.84%
Frequency Quarterly
1Y Growth 5.56%
Payout Ratio 0
Amount Per Share $0.190
Next Ex-Dividend Date May 16, 2024
Next Payment Date May 31, 2024

X Dividend Payout History

To ensure a understanding of X's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
41 May 09, 2014 May 21, 2014 Jun 06, 2014 $0.400 3.30%
42 Feb 05, 2014 Feb 19, 2014 Mar 07, 2014 $0.400 3.81%
43 Nov 07, 2013 Nov 20, 2013 Dec 06, 2013 $0.400 3.91%
44 Aug 01, 2013 Aug 14, 2013 Aug 30, 2013 $0.400 4.16%
45 May 10, 2013 May 22, 2013 Jun 07, 2013 $0.400 4.17%
46 Feb 06, 2013 Feb 20, 2013 Mar 08, 2013 $0.400 3.57%
47 Nov 09, 2012 Nov 21, 2012 Dec 07, 2012 $0.400 3.95%
48 Jul 27, 2012 Aug 07, 2012 Aug 23, 2012 $0.400 4.19%
49 May 11, 2012 May 23, 2012 Jun 08, 2012 $0.400 4.34%
50 Feb 08, 2012 Feb 22, 2012 Mar 09, 2012 $0.400 4.65%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (37.03%)

Growth potential

Decrease likely (30.22%)

X Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from X dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in X stock here.

Comparing X to Sector and Country

X.TO pays a solid dividend yield of 2.84%, which is higher than the average of the bottom 25% of dividend payers in the CA market (1.52%). X.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the CA market (11.04%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of X.TO's dividend payments?
The amount of X.TO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in X.TO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from X.TO stock be automatically reinvested?
If X.TO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy X.TO stock.

How often does X.TO pay dividend?
TMX Group Ltd. (X.TO) pays dividends quarterly. The most recent payout was on Mar 08, 2024. The upcoming dividend Ex Date is May 16, 2024, with an amount of $0.190.

How much does X.TO pays per share?
The last recorder (Feb 22, 2024) dividend per share was $0.180.

What is X.TO dividend growth rate?
Over the last year, TMX Group Ltd. has witnessed growth rate of 5.56% . Looking back over the past 3 years, this growth rate has been -37.28%. Furthermore, examining the past 5 years, TMX Group Ltd. has maintained an average Dividends Per Share Growth Rate of -21.06%.
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About TMX Group Ltd.

TMX Group Ltd. TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment delivers equities and index data, as well as integrated data sets for the proprietary... X.TO Profile

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