The Board of Directors of TMX Group Limited today declared a dividend of $0.62 on each common share outstanding, an increase of $0.04 or 7%, from the previous $0.58 per common share. This dividend is payable on March 15, 2019 to shareholders of record at the close of business on March 1, 2019.
"We are pleased to announce another dividend increase for TMX Group, the fourth increase over the last ten quarters," said Lou Eccleston, Chief Executive Officer, TMX Group. "Our organization remains in continuous pursuit of our long-term strategy for profitable growth and to deliver increased value to shareholders. This increase reaffirms our commitment to align TMX's dividend payout ratio with our domestic and international peers."
TMX Group hereby advises that this dividend is designated as an "eligible dividend" for Canadian income tax purposes.
TMX Group Limited Increases Dividend to $0.62 per Common Share