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TMX Group increases dividend, posts higher Q1 EPS figures

TMX Group Ltd. increased its dividend to 58 Canadian cents per common share, up 16% from the previous payout of 50 cents per common share.

The dividend is payable June 8 to shareholders of record at the close of business May 25.

The company also published its first-quarter results, saying its adjusted EPS was C$1.33, versus C$1.11 in the first quarter of 2017.

The S&P Capital IQ consensus normalized EPS estimate for the quarter was C$1.30.

GAAP EPS was C$1.13, up from 86 cents in the year-ago period.