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TMX Group Boosts Dividend Amidst Strategic Growth

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TMX Group Boosts Dividend Amidst Strategic Growth

TMX Group ( (TSE:X) ) has issued an update.

TMX Group Limited has announced a 5% increase in its dividend to $0.20 per common share, marking the fourth such increase in two years. This decision underscores the company’s commitment to shareholder value, driven by a high-performance business model and a global strategy to accelerate growth while focusing on disciplined capital allocation and debt reduction.

More about TMX Group

TMX Group is a global operator of markets and provider of digital communities and analytic solutions, facilitating business, trader, and investor success. Its main operations include the Toronto Stock Exchange, TSX Venture Exchange, and other financial services, with a presence in North America and international markets like London and Singapore.

YTD Price Performance: 1.04%

Average Trading Volume: 17,257

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.47B

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