The Toronto-Dominion Bank (TSE:TD) Raises Dividend to $1.12 Per Share

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) declared a quarterly dividend on Friday, July 10th, TickerTech Dividends reports. Stockholders of record on Friday, July 31st will be given a dividend of 1.12 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, July 10th. This is a 3.7% increase from Toronto-Dominion Bank’s previous quarterly dividend of $1.08.

Toronto-Dominion Bank Trading Up 0.6%

TSE TD opened at C$172.36 on Wednesday. Toronto-Dominion Bank has a 52 week low of C$99.51 and a 52 week high of C$172.98. The stock has a market cap of C$284.75 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 1.22 and a beta of 0.89. The company has a 50-day moving average price of C$158.15 and a two-hundred day moving average price of C$141.23.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its earnings results on Thursday, May 28th. The company reported C$2.38 earnings per share for the quarter. The firm had revenue of C$16.04 billion for the quarter. Toronto-Dominion Bank had a return on equity of 11.85% and a net margin of 13.21%. As a group, equities research analysts expect that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current fiscal year.

Toronto-Dominion Bank Company Profile

TD Asset Management Inc (‘TDAM’), a member of TD Bank Group, is a Canadian investment management firm with a growing global presence. Bringing together three decades of investment experience, our broad selection of strategies and solutions includes fundamental equities, quantitative and passive equities, fixed income across the credit quality spectrum and alternatives, such as private credit, infrastructure and real estate. TDAM offers institutional investment solutions to corporations, pension funds, endowments and foundations, sovereign wealth funds and superannuation funds, among others.