Toronto Dominion Bank (The) Plans Quarterly Dividend of C$1.12 (NYSE:TD)

Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) declared a quarterly dividend on Thursday, August 27th. Shareholders of record on Friday, October 9th will be paid a dividend of 1.12 per share by the bank on Saturday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, October 9th.

Toronto Dominion Bank has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 12 years. Toronto Dominion Bank has a payout ratio of 50.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Toronto Dominion Bank to earn $7.80 per share next year, which means the company should continue to be able to cover its $3.15 annual dividend with an expected future payout ratio of 40.4%.

Toronto Dominion Bank Stock Up 1.4%

Shares of NYSE TD opened at $121.08 on Friday. Toronto Dominion Bank has a 52-week low of $72.73 and a 52-week high of $125.46. The firm has a fifty day moving average of $120.54 and a 200-day moving average of $109.15. The stock has a market capitalization of $199.15 billion, a PE ratio of 18.89, a P/E/G ratio of 1.21 and a beta of 0.72. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.09.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last issued its earnings results on Thursday, May 28th. The bank reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.11. Toronto Dominion Bank had a return on equity of 14.83% and a net margin of 13.20%.The business had revenue of $11.80 billion for the quarter, compared to analyst estimates of $11.04 billion. During the same period last year, the company posted $1.97 EPS. The business’s quarterly revenue was down 31.1% on a year-over-year basis. On average, analysts anticipate that Toronto Dominion Bank will post 6.99 EPS for the current year.

Toronto Dominion Bank News Summary

Here are the key news stories impacting Toronto Dominion Bank this week:

• Positive Sentiment: TD reported quarterly EPS of $1.98, well above the $1.74 consensus estimate, while revenue reached $12.07 billion versus expectations of $10.70 billion. Revenue increased 6.9% year over year, supporting the stock’s positive reaction. TD earnings report
• Positive Sentiment: Reported profit rose to approximately C$4.62 billion from C$3.34 billion a year earlier, with wholesale banking and capital-markets activity providing the biggest boost. Lower provisions for credit losses and gains across business divisions also helped drive the beat. Reuters earnings coverage
• Positive Sentiment: Management said TD generated C$195 million, or about US$141 million, in artificial-intelligence value during the first three quarters of fiscal 2026—months ahead of schedule—highlighting potential efficiency and revenue benefits. TD AI value article
• Positive Sentiment: TD declared a quarterly dividend of $1.12 per common share, payable October 31 to shareholders of record October 9. The dividend represents an annualized yield of roughly 3.7%, reinforcing the income appeal of the stock. TD dividend announcement
• Positive Sentiment: The bank plans to open 100 additional U.S. branches, signaling continued investment in its U.S. growth strategy. Analysts currently assign TD a consensus “Moderate Buy” rating. TD U.S. branch expansion
• Negative Sentiment: Despite the earnings beat, quarterly EPS declined from $2.20 in the year-earlier period, indicating that the latest improvement was not entirely broad-based and remains worth monitoring.

About Toronto Dominion Bank

Toronto-Dominion Bank (TD) is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. Formed through the 1955 merger of the Bank of Toronto (founded 1855) and the Dominion Bank (founded 1869), TD is one of Canada’s largest banks and offers a broad range of financial products and services to individual, small business, commercial and institutional clients.

TD’s core businesses include Canadian and U.S. personal and commercial banking, wealth management, wholesale banking and insurance.