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

TMX Group Limited (TSE:X - Get Free Report) declared a quarterly dividend on Friday, May 23rd, TickerTech Dividends reports. Shareholders of record on Friday, June 6th will be given a dividend of 0.20 per share on Friday, June 6th. This represents a $0.80 annualized dividend and a yield of 1.45%. The ex-dividend date is Friday, May 23rd.

TMX Group Trading Down 0.1%

TSE:X traded down C$0.06 during mid-day trading on Monday, hitting C$55.26. 46,288 shares of the company's stock were exchanged, compared to its average volume of 514,435. The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 47.49. TMX Group has a fifty-two week low of C$35.65 and a fifty-two week high of C$56.89. The company has a 50 day simple moving average of C$52.73 and a 200-day simple moving average of C$48.63. The firm has a market capitalization of C$15.37 billion, a P/E ratio of 31.90, a PEG ratio of 12.65 and a beta of 0.43.

Analysts Set New Price Targets

X has been the topic of several recent research reports. Barclays increased their price target on TMX Group from C$55.00 to C$56.00 in a report on Wednesday, May 7th. Scotiabank boosted their price objective on TMX Group from C$56.00 to C$58.00 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. Canaccord Genuity Group boosted their target price on TMX Group from C$52.00 to C$58.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. CIBC raised their target price on TMX Group from C$55.00 to C$57.00 and gave the stock a "neutral" rating in a research report on Monday, April 28th. Finally, National Bankshares increased their target price on shares of TMX Group from C$50.00 to C$55.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 30th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of C$55.13.

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.