Toronto-Dominion Bank Dividend
Dividend criteria checks 6/6
Toronto-Dominion Bank is a dividend paying company with a current yield of 5.05% that is well covered by earnings.
Key information
5.1%
Dividend yield
62%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$6.51 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
TD And Royal Bank: Buy The Mortgage Renewal Panic
Apr 05TD Bank: Now Is A Good Time To Buy This 5%-Yielding Blue-Chip Deal
Mar 29Toronto-Dominion: What To Expect From Q1 Earnings Results
Feb 27TD Bank: Why I Piled In At $78
Feb 19TD Bank: Low-Risk Loan Portfolio Combined With High Leverage Make It Buy
Jan 19Toronto-Dominion Bank: Helped By Banks Rally But Could Use Earnings Improvement
Dec 28Toronto-Dominion Bank: Caution Ahead Of Earnings
Nov 27Toronto-Dominion Bank: No Disaster But Not A Buy Either
Oct 29Toronto-Dominion: Diversified Bank, Robust Balance Sheet, And Respectable Yields
Sep 28How Attractive Is Toronto-Dominion's 4.6% Yield?
Sep 18TD Bank: Attractive Dividend Yield And Massive Upside Potential
Aug 17TD Bank: A Nice 4% Dividend Yield But Waiting On Better Earnings In Q3
Aug 01Big Banks Have Massive Exposure: TD Bank Has Several Major Issues
Jun 28Toronto-Dominion: Compelling Valuation, But Risks Linger
Jun 12Toronto-Dominion: Near-Term Uncertainties Offset By Long-Term Optionality
May 26Toronto-Dominion Could Stand Out In This Next Phase Of The Cycle
Feb 24Toronto-Dominion Bank: Best Pick Among Canada's Major Banks
Jan 31TD Banks expects Charles Schwab investment to add $211M to Q1 net income
Jan 19Cowen Deal Spread Leaves 1.06% Of Upside To Toronto-Dominion Deal Closing
Dec 28Is Toronto-Dominion Bank Stock A Buy After Earnings? Consider 2023 Outlook And Valuations
Dec 06TD Bank - An Ex-US Stock That Gains From Dollar Strength
Nov 05TD Asset Management to lower certain management fee
Oct 26TD Bank Group sees Schwab Q3 earnings adding $212M to net income
Oct 18TD Bank: I'd Buy The Colossal Dip
Oct 09Toronto-Dominion Bank's Resilient Earnings Profile Is Appealing
Oct 01TD Bank, Target extend U.S. credit card pact through 2030
Sep 21TD Bank declares CAD 0.89 dividend
Aug 25TD Bank: Housing Bubble Risks Overblown
Aug 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TD's dividends per share have been stable in the past 10 years.
Growing Dividend: TD'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) | 5.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (TD) | 5.3% |
Notable Dividend: TD's dividend (5.05%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: TD's dividend (5.05%) is in the top 25% of dividend payers in the US market (4.7%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.6%), TD's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TD's dividends in 3 years are forecast to be covered by earnings (50.7% payout ratio).