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The Toronto-Dominion Bank (FRA:TDB) 3-Year Dividend Growth Rate : 7.30% (As of Jan. 2024)


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What is The Toronto-Dominion Bank 3-Year Dividend Growth Rate?

The Toronto-Dominion Bank's Dividends per Share for the three months ended in Jan. 2024 was €0.70.

The historical rank and industry rank for The Toronto-Dominion Bank's 3-Year Dividend Growth Rate or its related term are showing as below:

FRA:TDB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.4   Med: 10   Max: 21.4
Current: 7.3

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.

FRA:TDB's 3-Year Dividend Growth Rate is ranked worse than
50.32% of 779 companies
in the Banks industry
Industry Median: 7.5 vs FRA:TDB: 7.30

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

The Toronto-Dominion Bank's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.51. As of today, The Toronto-Dominion Bank's Dividend Yield % is 4.94%.

Good Sign:

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

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


Competitive Comparison of The Toronto-Dominion Bank's 3-Year Dividend Growth Rate

For the Banks - Diversified subindustry, The Toronto-Dominion Bank's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Toronto-Dominion Bank's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where The Toronto-Dominion Bank's 3-Year Dividend Growth Rate falls into.



The Toronto-Dominion Bank 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


The Toronto-Dominion Bank  (FRA:TDB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

The Toronto-Dominion Bank's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.698/ 1.368
=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.

2. 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:EUR 0.679182
CAD 1.0202024-01-092024-01-102024-01-31Cash DividendquarterlyCAD:EUR 0.685894
CAD 0.9602023-10-052023-10-062023-10-31Cash DividendquarterlyCAD:EUR 0.682375
CAD 0.9602023-07-072023-07-102023-07-31Cash DividendquarterlyCAD:EUR 0.686930

* 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.70691032/54.74
=4.95 %

Current Share Price is €54.74.
The Toronto-Dominion Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.70691032.

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%.

Good Sign:

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

* 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 3-Year Dividend Growth Rate Related Terms>


The Toronto-Dominion Bank (FRA:TDB) 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 (FRA:TDB) Headlines

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