TMX Group Limited (TSE:X) Declares Quarterly Dividend of $0.20

TMX Group Limited (TSE:X) announced a quarterly dividend on Friday, February 21st,TickerTech Dividends reports. Investors of record on Friday, March 7th will be paid a dividend of 0.20 per share on Friday, March 7th. This represents a $0.80 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from TMX Group’s previous quarterly dividend of $0.19.

TMX Group Stock Down 0.0 %

Shares of TSE X opened at C$50.61 on Wednesday. TMX Group has a 52 week low of C$33.41 and a 52 week high of C$51.05. The business has a 50-day simple moving average of C$45.68 and a two-hundred day simple moving average of C$44.01. The company has a quick ratio of 0.01, a current ratio of 1.01 and a debt-to-equity ratio of 47.49. The company has a market cap of C$14.08 billion, a P/E ratio of 29.21, a P/E/G ratio of 12.65 and a beta of 0.43.

Wall Street Analysts Forecast Growth

Several research analysts have commented on X shares. Barclays raised their target price on TMX Group from C$45.00 to C$47.00 in a research note on Monday, December 9th. BMO Capital Markets raised their target price on TMX Group from C$50.00 to C$62.00 in a research note on Thursday, December 5th. CIBC raised their target price on TMX Group from C$43.00 to C$46.00 in a research note on Thursday, October 31st. National Bankshares raised their target price on TMX Group from C$43.00 to C$44.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 30th. Finally, TD Securities lifted their price target on TMX Group from C$44.00 to C$45.00 and gave the company a “hold” rating in a research report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, TMX Group presently has an average rating of “Hold” and an average target price of C$47.19.

Insider Buying and Selling

In other TMX Group news, Senior Officer Jayakumar Rajarathinam sold 40,000 shares of TMX Group stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of C$49.49, for a total value of C$1,979,776.00. 1.15% of the stock is currently owned by corporate insiders.

TMX Group Company Profile

TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.