The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. It offers its products and services under the TD Bank and America's Most Convenient Bank brand names. The company operates through a network of 1,061 branches and 3,381 automated teller machines (ATMs) in Canada, and 1,148 stores and 2,701 ATMs in the United States, as well as offers telephone, digital, and mobile banking services. It has a strategic alliance with Canada Post Corporation. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.
Toronto-Dominion Bank Dividend Announcement
• Toronto-Dominion Bank announced a quarterly dividend of $0.74 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-10
• Toronto-Dominion Bank annual dividend for 2024 was $3.01
• Toronto-Dominion Bank annual dividend for 2023 was $2.84
• Toronto-Dominion Bank's trailing twelve-month (TTM) dividend yield is 4.91%
• Toronto-Dominion Bank's payout ratio for the trailing twelve months (TTM) is 87.84%
• Toronto-Dominion Bank's dividend growth over the last five years (2018-2023) was 5.70% year
• Toronto-Dominion Bank's dividend growth over the last ten years (2013-2023) was -1.31% year
Toronto-Dominion Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-10 | $0.74 | quarterly | 2024-10-31 |
| 2024-07-10 | $0.75 | quarterly | 2024-07-31 |
| 2024-04-08 | $0.75 | quarterly | 2024-04-30 |
| 2024-01-09 | $0.76 | quarterly | 2024-01-31 |
| 2023-10-05 | $0.70 | quarterly | 2023-10-31 |
| 2023-07-07 | $0.72 | quarterly | 2023-07-31 |
| 2023-04-05 | $0.71 | quarterly | 2023-04-30 |
| 2023-01-05 | $0.71 | quarterly | 2023-01-31 |
| 2022-10-06 | $0.64 | quarterly | 2022-10-31 |
| 2022-07-07 | $0.69 | quarterly | 2022-07-31 |
| 2022-04-07 | $0.71 | quarterly | 2022-04-30 |
| 2022-01-07 | $0.70 | quarterly | 2022-01-31 |
| 2021-10-07 | $0.62 | quarterly | 2021-10-31 |
| 2021-07-08 | $0.65 | quarterly | 2021-07-31 |
| 2021-04-08 | $0.63 | quarterly | 2021-04-30 |
| 2021-01-07 | $0.62 | quarterly | 2021-01-31 |
| 2020-10-08 | $0.60 | quarterly | 2020-10-31 |
| 2020-07-09 | $0.58 | quarterly | 2020-07-31 |
| 2020-04-08 | $0.56 | quarterly | 2020-04-30 |
| 2020-01-09 | $0.57 | quarterly | 2020-01-31 |
| 2019-10-09 | $0.56 | quarterly | 2019-10-31 |
| 2019-07-09 | $0.56 | quarterly | 2019-07-31 |
| 2019-04-09 | $0.56 | quarterly | 2019-04-30 |
| 2019-01-09 | $0.51 | quarterly | 2019-01-31 |
| 2018-10-09 | $0.52 | quarterly | 2018-10-31 |
| 2018-07-09 | $0.51 | quarterly | 2018-07-31 |
| 2018-04-09 | $0.52 | quarterly | 2018-04-30 |
| 2018-01-09 | $0.60 | quarterly | 2018-01-31 |
| 2017-10-05 | $0.60 | quarterly | 2017-10-31 |
| 2017-07-06 | $0.46 | quarterly | 2017-07-31 |
| 2017-04-06 | $0.45 | quarterly | 2017-04-30 |
| 2017-01-06 | $0.42 | quarterly | 2017-01-31 |
| 2016-10-05 | $0.42 | quarterly | 2016-10-31 |
| 2016-07-06 | $0.42 | quarterly | 2016-07-31 |
| 2016-04-06 | $0.42 | quarterly | 2016-04-30 |
| 2016-01-06 | $0.36 | quarterly | 2016-01-29 |
| 2015-10-02 | $0.38 | quarterly | 2015-10-30 |
| 2015-07-07 | $0.40 | quarterly | 2015-07-31 |
| 2015-04-02 | $0.40 | quarterly | 2015-04-30 |
| 2015-01-02 | $0.47 | quarterly | 2015-01-31 |
| 2014-10-01 | $0.47 | quarterly | 2014-10-31 |
| 2014-07-07 | $0.47 | quarterly | 2014-07-31 |
| 2014-04-01 | $0.47 | quarterly | 2014-04-30 |
| 2014-01-02 | $0.86 | quarterly | 2014-01-31 |
| 2013-10-01 | $0.85 | quarterly | 2013-10-31 |
| 2013-07-05 | $0.81 | quarterly | 2013-07-31 |
| 2013-04-01 | $0.81 | quarterly | 2013-04-30 |
| 2013-01-02 | $0.77 | quarterly | 2013-01-31 |
Toronto-Dominion Bank Dividend per year
Toronto-Dominion Bank Dividend growth
Toronto-Dominion Bank Dividend Yield
Toronto-Dominion Bank current trailing twelve-month (TTM) dividend yield is 4.91%. Interested in purchasing Toronto-Dominion Bank stock? Use our calculator to estimate your expected dividend yield:
Toronto-Dominion Bank Financial Ratios
P/E ratio16.52
PEG ratio-6.88
P/B ratio1.20
ROE7.22%
Payout ratio87.84%
Current ratio0.48
Quick ratio0.52
Cash Ratio0.09
Toronto-Dominion Bank Dividend FAQ
How much is the next Toronto-Dominion Bank dividend?
Toronto-Dominion Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Toronto-Dominion Bank dividend. The next Toronto-Dominion Bank dividend will be released in January, April, July, or October.
When is Toronto-Dominion Bank dividend paid?
Toronto-Dominion Bank pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Toronto-Dominion Bank pay?
The specific amount of Toronto-Dominion Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Toronto-Dominion Bank's dividend history.
Does Toronto-Dominion Bank stock pay dividends?
Yes, Toronto-Dominion Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Toronto-Dominion Bank's dividend history.
How much dividend does Toronto-Dominion Bank pay?
Toronto-Dominion Bank paid $3.007 in 2024, $2.839 in 2023, $2.75 in 2022, $2.523 in 2021, and $2.314 in 2020.
How often does Toronto-Dominion Bank pay dividends?
Toronto-Dominion Bank typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Toronto-Dominion Bank's dividend yield?
The current dividend yield for Toronto-Dominion Bank is 4.91%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Toronto-Dominion Bank's exact dividend yield.
When does Toronto-Dominion Bank go ex dividend?
Toronto-Dominion Bank's ex-dividend date for the latest dividend was on 2024-10-10. Toronto-Dominion Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Toronto-Dominion Bank dividend paid?
Toronto-Dominion Bank pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Toronto-Dominion Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Toronto-Dominion Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Toronto-Dominion Bank dividend per share?
Toronto-Dominion Bank paid $3.007 per share in 2024 and $2.839 per share in 2023. The amount of dividend per share that Toronto-Dominion Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Toronto-Dominion Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Toronto-Dominion Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Toronto-Dominion Bank a dividend stock?
Yes, Toronto-Dominion Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Toronto-Dominion Bank a good dividend stock?
Whether Toronto-Dominion Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Toronto-Dominion Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Toronto-Dominion Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Toronto-Dominion Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Toronto-Dominion Bank pay dividends monthly?
Toronto-Dominion Bank typically pays dividends on a quarterly basis.
Does Toronto-Dominion Bank pay dividends quarterly?
Toronto-Dominion Bank currently pays dividends on a quarterly basis.
Has Toronto-Dominion Bank ever paid a dividend?
Yes, Toronto-Dominion Bank has a history of paying dividends to its shareholders. Toronto-Dominion Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Toronto-Dominion Bank dividend stocks?
To buy Toronto-Dominion Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Toronto-Dominion Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Toronto-Dominion Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Toronto-Dominion Bank pay dividends 2024?
Toronto-Dominion Bank pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Toronto-Dominion Bank increase its dividend in 2024?
Decisions regarding Toronto-Dominion Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Toronto-Dominion Bank dividend overview you can look into the above table of dividend history.
How Toronto-Dominion Bank dividend works?
The Toronto-Dominion Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Toronto-Dominion Bank's dividend process works:
1. Determination of Dividend: Toronto-Dominion Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Toronto-Dominion Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Toronto-Dominion Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Toronto-Dominion Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Toronto-Dominion Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Toronto-Dominion Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Toronto-Dominion Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Toronto-Dominion Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Toronto-Dominion Bank dividends paid?
Toronto-Dominion Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Toronto-Dominion Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Toronto-Dominion Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Toronto-Dominion Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Toronto-Dominion Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Toronto-Dominion Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Toronto-Dominion Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Toronto-Dominion Bank pay dividends?
Toronto-Dominion Bank typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Toronto-Dominion Bank pay dividends?
The general pattern is that Toronto-Dominion Bank pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Toronto-Dominion Bank dividend safe?
The safety of Toronto-Dominion Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Toronto-Dominion Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Toronto-Dominion Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Toronto-Dominion Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Toronto-Dominion Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.