Toronto-Dominion Bank Dividend
Dividend criteria checks 6/6
Toronto-Dominion Bank is a dividend paying company with a current yield of 5.45% that is well covered by earnings.
Key information
5.5%
Dividend yield
62%
Payout ratio
Industry average yield | 2.9% |
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 | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TNTT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: TNTT.F'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 (TNTT.F) | 5.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Banks) | 2.9% |
Analyst forecast in 3 Years (TNTT.F) | 5.7% |
Notable Dividend: TNTT.F's dividend (5.45%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: TNTT.F's dividend (5.45%) is in the top 25% of dividend payers in the US market (4.72%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.6%), TNTT.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TNTT.F's dividends in 3 years are forecast to be covered by earnings (50.9% payout ratio).