Business
TMX Group Limited Increases Dividend to $0.18 per Common Share
TMX Group Limited Increases Dividend to $0.18 per Common Share Canada NewsWire ...
About this update from Tmx Group Ltd.
[{"type":"text","content":"\n \n \n \n TMX Group Limited Increases Dividend to $0.18 per Common Share\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n July 27, 2023\n \n \n /CNW/ - The Board of Directors of TMX Group Limited today declared a post stock split dividend of\n \n $0.18\n \n on each common share\n \n \n 1\n \n \n outstanding, an increase of\n \n $0.006\n \n or 3% from the previous\n \n $0.174\n \n \n \n 2\n \n \n .  This dividend is payable on\n \n August 25, 2023\n \n to shareholders of record at the close of business on\n \n August 11, 2023\n \n .\n \n \n \"Following our recent five-for-one stock split, we are pleased to announce TMX Group's third dividend increase in eighteen months,\" said\n \n David Arnold\n \n , Chief Financial Officer of TMX Group. \"TMX's track record of dividend growth reflects the ability of our deep and diverse business model to generate cash flows in challenging market conditions. We remain focused on executing our long-term global growth strategy to deliver increased value to our shareholders, and to all of our clients and stakeholders across the capital markets ecosystem.\"\n \n \n TMX Group hereby advises that this dividend is designated as an \"eligible dividend\" for Canadian income tax purposes.\n \n \n For the results of the quarter ended\n \n June 30, 2023\n \n , for TMX Group, please click on the following link:\n \n \n http://www.tmx.com/investor-relations/\n \n \n .\n \n \n \n \n About TMX Group (TSX-X)\n \n \n \n \n TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include\n \n \n \n \n Toronto Stock Exchange\n \n ...