The Toronto-Dominion Bank (TSE:TD) Declares $1.05 Quarterly Dividend

The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD declared a quarterly dividend on Thursday, February 27th, RTT News reports. Stockholders of record on Thursday, April 10th will be paid a dividend of 1.05 per share on Wednesday, April 30th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.86%.

Toronto-Dominion Bank Trading Down 0.3 %

TSE TD traded down C$0.23 during mid-day trading on Monday, hitting C$86.41. The company's stock had a trading volume of 5,089,863 shares, compared to its average volume of 8,423,382. The firm has a market capitalization of C$151.60 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.22 and a beta of 0.82. The company's 50 day simple moving average is C$81.46 and its 200 day simple moving average is C$80.70. Toronto-Dominion Bank has a twelve month low of C$73.22 and a twelve month high of C$87.99.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. BMO Capital Markets upgraded shares of Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating and set a C$90.00 price objective for the company in a report on Thursday, December 19th. UBS Group lifted their price target on Toronto-Dominion Bank from C$83.00 to C$90.00 in a research note on Friday, February 14th. Barclays lowered Toronto-Dominion Bank from a "hold" rating to a "strong sell" rating in a report on Thursday, November 21st. Canaccord Genuity Group lifted their target price on Toronto-Dominion Bank from C$87.00 to C$89.00 in a research report on Monday, December 16th. Finally, National Bankshares lowered their price target on Toronto-Dominion Bank from C$85.00 to C$80.00 in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of C$88.83.

Remove Ads

About Toronto-Dominion Bank

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.