Toronto-Dominion Bank Dividends and Buybacks
Dividend criteria checks 4/6
Toronto-Dominion Bank is a dividend paying company with a current yield of 5.2%.
Key information
5.2%
Dividend yield
5.1%
Buyback Yield
| Total Shareholder Yield | 10.3% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$4.080 |
| Payout ratio | 93% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TD.PFI's dividends per share have been stable in the past 10 years.
Growing Dividend: TD.PFI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toronto-Dominion Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TD.PFI) | 5.2% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Banks) | 4.2% |
| Analyst forecast (TD.PFI) (up to 3 years) | 5.7% |
Notable Dividend: TD.PFI's dividend (5.2%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: TD.PFI's dividend (5.2%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.7%), TD.PFI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TD.PFI's dividends in 3 years are forecast to be covered by earnings (52.2% payout ratio).