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TDb Split (TSX:XTD) Forward Dividend Yield % : 0.00% (As of May. 05, 2024)


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What is TDb Split Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of TDb Split is 0.00%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of TDb Split is 7.94%.

TSX:XTD's Forward Dividend Yield % is not ranked *
in the Asset Management industry.
Industry Median: 5.83
* Ranked among companies with meaningful Forward Dividend Yield % only.

TDb Split's Dividends per Share for the six months ended in Nov. 2023 was C$0.10.

During the past 12 months, TDb Split's average Dividends Per Share Growth Rate was -41.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TDb Split was 32.60% per year. The lowest was -37.00% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of TDb Split's Forward Dividend Yield %

For the Asset Management subindustry, TDb Split's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


TDb Split's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TDb Split's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where TDb Split's Forward Dividend Yield % falls into.



TDb Split Forward Dividend Yield % Calculation

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

TDb Split Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0500002023-08-302023-08-312023-09-08Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0500002023-07-282023-07-312023-08-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0500002023-05-302023-05-312023-06-09Cash DividendmonthlyCAD:CAD 1.000000

* 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.

TDb Split's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15/2.52
=5.95 %

Current Share Price is C$2.52.
TDb Split's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.15.

* 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.


TDb Split  (TSX:XTD) Forward 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.


TDb Split Forward Dividend Yield % Related Terms

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TDb Split (TSX:XTD) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
TDb Split Corp is a mutual fund company that invests in common shares of The Toronto-Dominion Bank. It offers two types of shares Priority Equity Shares and Class A Shares. The company's investment objective for the Priority Equity Shares is to provide holders of Priority Equity Shares with cumulative preferential monthly cash dividends and its investment objective for the Class A Shares is to provide holders with regular monthly cash dividends.

TDb Split (TSX:XTD) Headlines

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