Toronto-Dominion Bank Dividend
Dividend criteria checks 5/6
Toronto-Dominion Bank is a dividend paying company with a current yield of 5.14% that is well covered by earnings.
Key information
5.5%
Dividend yield
62%
Payout ratio
Industry average yield | 6.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$6.51 |
Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0VL8's dividends per share have been stable in the past 10 years.
Growing Dividend: 0VL8's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Toronto-Dominion Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0VL8) | 5.5% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.9% |
Industry Average (Banks) | 6.2% |
Analyst forecast in 3 Years (0VL8) | 5.7% |
Notable Dividend: 0VL8's dividend (5.14%) is higher than the bottom 25% of dividend payers in the UK market (2.13%).
High Dividend: 0VL8's dividend (5.14%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.6%), 0VL8's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0VL8's dividends in 3 years are forecast to be covered by earnings (50.8% payout ratio).