About TMX Group Limited (TMXXF) — Dividend Analysis 2026
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment delivers equities and index data, as well as integrated data sets for the proprietary and third party analytics to help clients in making trading and investment decisions; and provides solutions to European and global wholesale energy markets for price discovery, trade execution, post-trade transparency, and straight through processing. The Capital Formation segment operates Toronto Stock Exchange, a national stock exchange for the senior equities market; TSX Venture Exchange, a national stock exchange for the public venture equity market; and TSX Trust that provides corporate trust, registrar, transfer agency, and foreign exchange services. The Derivatives Trading & Clearing segment operates Montreal Exchange, a national derivatives exchange; Canadian Derivatives Clearing Corporation, a clearinghouse for options and futures contracts; and various over-the-counter products and fixed income repurchase agreements. The Equities and Fixed Income Trading & Clearing segment engages in the trading operations of Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange; and clearing and settlement of equities and fixed income transactions, and custody of securities; and provision of fixed income inter-dealer brokerage services. The company was formerly known as Maple Group Acquisition Corporation and changed its name to TMX Group Limited in August 2012. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada.
Is TMXXF a good dividend investment in 2026?
TMXXF offers a 1.83% forward yield with a 50% payout ratio. Strand Safety Score: 85/100 (Very Safe). The 5-year dividend CAGR of 100% demonstrates strong, consistent growth that outpaces inflation.
TMXXF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your TMXXF portfolio grows to $12.28M vs $10.61M without reinvestment. This is the compound interest effect in action.
TMXXF dividend growth history & forecast
TMXXF has grown its dividend by 0% over the last year and 100% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1.83%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 TMXXF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TMXXF.
Gross yield
1.83%
Tax rate
15.00%
After-tax yield
1.56%
Real yield (−CPI)
-1.24%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1.83%
-0.97%
$183 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.56%
-1.24%
$156 / yr
🇺🇸 US Taxable (20%)
20%
1.46%
-1.34%
$146 / yr
🇬🇧 UK ISA
0%
1.83%
-0.97%
$183 / yr
🇬🇧 UK Taxable
8.75%
1.67%
-1.13%
$167 / yr
🇨🇦 TFSA
0%
1.83%
-0.97%
$183 / yr
🇨🇦 CA Taxable
25%
1.37%
-1.43%
$137 / yr
🇦🇺 Super (pension)
15%
1.56%
-1.24%
$156 / yr
🇦🇺 AU Taxable
30%
1.28%
-1.52%
$128 / yr
🇩🇪 DE Taxable
26.375%
1.35%
-1.45%
$135 / yr
🇫🇷 FR Taxable
30%
1.28%
-1.52%
$128 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 TMXXF Income Goal & Break-Even
Dividend Break-Even
7yr
Years for dividends to fully repay your TMXXF investment of $34.81/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$360.1K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$357.6K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in TMXXF for:
Shares needed
44,341
Capital required
$1,543,510
Monthly income
$2,000
Based on current dividend of $0.64/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 TMXXF Dividend Payment Schedule
TMXXF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$1.35 / payment
$5.41 / year after tax
100 shares
$13.53 / payment
$54.13 / year after tax
1,000 shares
$135.32 / payment
$541.27 / year after tax
📊 TMXXF vs Financial Services Benchmarks
How TMXXF compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▼-1.07% vs sectorBelow avg
TMXXF
1.83%
avg
2.90%
5Y Dividend CAGR▲+92.90% vs sectorBetter
TMXXF
100.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
TMXXF
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TMXXF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ TMXXF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
0.37
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
8/9
✅ Strong fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TMXXF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →