TMX Group Increases Dividend by 10%, Reflecting Strong Growth Strategy

TMX Group ( (TSE:X) ) just unveiled an announcement.

TMX Group Limited announced a 10% increase in its dividend to $0.22 per common share, reflecting the company’s strong business model and global growth strategy. This marks the fifth dividend increase in three years, underscoring TMX Group’s commitment to delivering value to shareholders and maintaining disciplined capital allocation. The dividend is payable on August 29, 2025, to shareholders of record as of August 15, 2025.

The most recent analyst rating on (TSE:X) stock is a Hold with a C$41.00 price target. To see the full list of analyst forecasts on TMX Group stock, see the TSE:X Stock Forecast page.

Spark’s Take on TSE:X Stock

According to Spark, TipRanks’ AI Analyst, TSE:X is a Outperform.

TMX Group exhibits a strong overall performance driven by robust financial health, positive technical indicators, and successful strategic initiatives as highlighted in the earnings call. However, the high P/E ratio suggests some concern about overvaluation. The strategic growth initiatives and strong revenue performance underscore a solid outlook, albeit with a need for caution regarding valuation metrics.

To see Spark’s full report on TSE:X stock, click here.

More about TMX Group

TMX Group operates global markets and builds digital communities and analytic solutions to support businesses, traders, and investors. Its key operations include the Toronto Stock Exchange, TSX Venture Exchange, and several other exchanges and services that provide listing markets, trading markets, clearing facilities, and data products to the global financial community. Headquartered in Toronto, TMX Group has offices across North America and in international markets such as London, Singapore, and Vienna.

Average Trading Volume: 459,480

Technical Sentiment Signal: Buy

Current Market Cap: C$15.79B

For a thorough assessment of X stock, go to TipRanks’ Stock Analysis page.