The Toronto-Dominion Bank (TD) to Issue Quarterly Dividend of $1.12 on October 31st

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) announced a quarterly dividend on Friday, October 9th. Stockholders of record on Saturday, October 31st will be paid a dividend of $1.12 per share on Saturday, October 31st. This represents a $4.48 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 9th.

Toronto-Dominion Bank Stock Performance

TSE:TD opened at C$168.06 on Wednesday. The company has a market capitalization of C$274.44 billion, a PE ratio of 17.99, a P/E/G ratio of 1.22 and a beta of 0.84. Toronto-Dominion Bank has a fifty-two week low of C$109.50 and a fifty-two week high of C$175.33. The company has a 50 day simple moving average of C$168.17 and a two-hundred day simple moving average of C$158.75.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its earnings results on Thursday, August 27th. The company reported C$2.77 earnings per share for the quarter. The business had revenue of C$16.93 billion during the quarter. Toronto-Dominion Bank had a net margin of 14.36% and a return on equity of 12.83%. Research analysts predict that Toronto-Dominion Bank will post 7.2160149 EPS for the current year.

Insider Transactions at Toronto-Dominion Bank

In other Toronto-Dominion Bank news, insider Kelvin Vi Luan Tran sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of C$172.92, for a total transaction of C$1,383,360.00. Following the completion of the sale, the insider directly owned 23,877 shares of the company’s stock, valued at approximately C$4,128,810.84. The trade was a 25.10% decrease in their position. Company insiders own 0.08% of the company’s stock.

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.