TORONTO, July 27,
2023 /PRNewswire/ - The Board of Directors of TMX
Group Limited today declared a post stock split dividend of
$0.18 on each common
share1 outstanding, an increase of
$0.006 or 3% from the previous
$0.1742.
This dividend is payable on August 25,
2023 to shareholders of record at the close of business on
August 11, 2023.
"Following our recent five-for-one stock split, we are pleased
to announce TMX Group's third dividend increase in eighteen
months," said David Arnold, 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."
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 June
30, 2023, for TMX Group, please click on the following link:
http://www.tmx.com/investor-relations/.
About TMX Group (TSX-X)
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 Toronto Stock Exchange, TSX
Venture Exchange, TSX Alpha Exchange, The Canadian Depository for
Securities, Montréal Exchange, Canadian Derivatives Clearing
Corporation, and Trayport which 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, Singapore and Vienna. For more information about TMX Group,
visit our website at www.tmx.com. Follow TMX Group on Twitter:
@TMXGroup.
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1 TMX Group Limited
completed a five-for-one stock split of TMX Group common
shares effective at the close of business on June 13, 2023. All per
common share amounts in this news release reflect the stock
split.
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2 Previous dividend of
$0.87 adjusted for the five-for-one stock split to
$0.174
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SOURCE TMX Group Limited