TMX Group Announces Dividend Increase of 6%

Tmx Group Ltd. (TSE:X) has released an update.

TMX Group Limited has announced a dividend increase of 6% to $0.19 per common share, demonstrating confidence in its financial health and continued cash flow generation. This marks the fourth dividend increase in two years, reflecting the company’s successful strategy and deleveraging post-acquisition of TMX VettaFi. The dividend, payable on May 31, 2024, is also designated as an eligible dividend for Canadian income tax purposes.

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