TORONTO, May 9, 2018 /PRNewswire/ - The Board of
Directors of TMX Group Limited today declared a dividend of
$0.58 on each common share
outstanding, an increase in $0.08 or
16%, from the previous $0.50 per
common share. This dividend is payable on June 8, 2018 to shareholders of record at the
close of business on May 25,
2018.
"We are pleased to announce another dividend increase for TMX
Group, the third and most substantial increase over the last two
years," said Lou Eccleston, Chief
Executive Officer, TMX Group. "TMX continues to deliver value to
shareholders driven by our profitable growth investment strategy.
This increase continues our commitment to align TMX's dividend
payout ratio with our domestic and international peers. We remain
committed to delivering long-term growth in shareholder value."
TMX Group hereby advises that this dividend is designated as an
"eligible dividend" for Canadian income tax purposes.
For the results of the quarter ended March 31, 2018 for TMX Group, please click on the
following link: http://www.tmx.com/investor-relations/.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets
and clearinghouses for multiple asset classes including equities
and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX
Alpha Exchange, The Canadian Depository for Securities, Montréal
Exchange, Canadian Derivatives Clearing Corporation, Trayport and
other TMX Group companies provide listing markets, trading markets,
clearing facilities, depository services, technology solutions,
data products and other services to the global financial community.
TMX Group is headquartered in Toronto and operates offices across
North America (Montréal,
Calgary, Vancouver and New
York), as well as in key international markets including
London, Beijing and Singapore. For more information about TMX
Group, visit our website at www.tmx.com. Follow TMX Group on
Twitter: @TMXGroup.
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SOURCE TMX Group Limited