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The Toronto-Dominion Bank (The Toronto-Dominion Bank) Dividend Yield % : 4.99% (As of Apr. 25, 2024)


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What is The Toronto-Dominion Bank Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of The Toronto-Dominion Bank is 4.99%.

Good Sign:

The Toronto-Dominion Bank stock dividend yield is close to 3-year high.

The historical rank and industry rank for The Toronto-Dominion Bank's Dividend Yield % or its related term are showing as below:

TD' s Dividend Yield % Range Over the Past 10 Years
Min: 3.02   Med: 3.64   Max: 5.57
Current: 4.99

During the past 13 years, the highest Dividend Yield of The Toronto-Dominion Bank was 5.57%. The lowest was 3.02%. And the median was 3.64%.

TD's Dividend Yield % is ranked better than
63.49% of 1205 companies
in the Banks industry
Industry Median: 3.95 vs TD: 4.99

The Toronto-Dominion Bank's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.51.

During the past 13 years, the highest Dividend Payout Ratio of The Toronto-Dominion Bank was 0.58. The lowest was 0.40. And the median was 0.43.

As of today (2024-04-25), the Forward Dividend Yield % of The Toronto-Dominion Bank is 5.12%.

The Toronto-Dominion Bank's Dividends per Share for the three months ended in Jan. 2024 was $0.76.

During the past 12 months, The Toronto-Dominion Bank's average Dividends Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Toronto-Dominion Bank was 21.40% per year. The lowest was 3.40% per year. And the median was 10.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


The Toronto-Dominion Bank Dividend Yield % Historical Data

The historical data trend for The Toronto-Dominion Bank's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Toronto-Dominion Bank Dividend Yield % Chart

The Toronto-Dominion Bank Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 5.25 3.49 4.24 5.10

The Toronto-Dominion Bank Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.97 4.57 4.24 5.10 4.75

Competitive Comparison of The Toronto-Dominion Bank's Dividend Yield %

For the Banks - Diversified subindustry, The Toronto-Dominion Bank's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Toronto-Dominion Bank's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Toronto-Dominion Bank's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where The Toronto-Dominion Bank's Dividend Yield % falls into.



The Toronto-Dominion Bank Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

The Toronto-Dominion Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 1.0202024-04-082024-04-092024-04-30Cash DividendquarterlyCAD:USD 0.725926
CAD 1.0202024-01-092024-01-102024-01-31Cash DividendquarterlyCAD:USD 0.747161
CAD 0.9602023-10-052023-10-062023-10-31Cash DividendquarterlyCAD:USD 0.720565
CAD 0.9602023-07-072023-07-102023-07-31Cash DividendquarterlyCAD:USD 0.759878

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

The Toronto-Dominion Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.92377402/58.67
=4.98 %

Current Share Price is $58.67.
The Toronto-Dominion Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.92377402.

The Toronto-Dominion Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.96177808/58.67
=5.05 %

Current Share Price is $58.67.
The Toronto-Dominion Bank's Dividends per Share for the forward twelve months is calculated as $0.74044452 * 4 = $2.96177808.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Toronto-Dominion Bank  (NYSE:TD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


The Toronto-Dominion Bank Dividend Yield % Related Terms

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The Toronto-Dominion Bank (The Toronto-Dominion Bank) Business Description

Address
C/o General Counsel’s Office, P.O. Box 1, Toronto-Dominion Centre, King St. W. and Bay St., Toronto, ON, CAN, M5K 1A2
Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.

The Toronto-Dominion Bank (The Toronto-Dominion Bank) Headlines

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