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Toronto-Dominion Bank (TD) Dividend Yield, Date & History

Toronto-Dominion Bank logo
$57.49 +2.17 (+3.93%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Toronto-Dominion Bank Dividend Summary

Dividend Yield
5.25%
Annual Dividend
$3.02
Next
Dividend Payment
Jan. 31
Dividend Increase
Track Record
11 Years
Annualized 3-Year
Dividend Growth
8.89%
Dividend Payout Ratio
87.03%

Toronto-Dominion Bank (TD) pays an annual dividend of $3.02 per share, with a dividend yield of 5.25%. The next quarterly payment of $0.7482 per share is scheduled for Friday, January 31, to investors who owned the stock before the ex-dividend date of Friday, January 10. TD has grown its dividend for 11 consecutive years, with an average annual increase of 2.88%. The company currently pays out 87.03% of its earnings and 41.60% of its cash flow as dividends.

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TD Dividend Payments by Quarter

The chart below displays up to four years of Toronto-Dominion Bank's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TD Dividend Yield Over Time

The chart below tracks Toronto-Dominion Bank's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Toronto-Dominion Bank vs. The Competition

Compare Toronto-Dominion Bank's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeToronto-Dominion BankFinance CompaniesNYSE Companies
Annual Dividend$3.02$0.02$1.50
Dividend Yield5.25%6.02%3.71%
Annualized 3-Year Dividend Growth8.89%12.30%12.26%
Track Record11 years18 years25 years

Toronto-Dominion Bank Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings87.03%
Based on This Year's Estimate54.22%
Based on Next Year's Estimate49.92%
Based on Cashflow41.60%

Toronto-Dominion Bank Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/6/2024quarterly$0.7482+$0.0092
1.24%
5.7%1/10/20251/10/20251/31/2025
8/22/2024Quarterly$0.7390-$0.0010
0.14%
5.06%10/10/202410/10/202410/31/2024
5/23/2024Quarterly$0.74-$0.0119
1.58%
5.38%7/10/20247/10/20247/31/2024
3/1/2024quarterly$0.7519+$0.0013
0.17%
4.9%4/8/20244/9/20244/30/2024
12/1/2023quarterly$0.7506+$0.0256
3.53%
4.7%1/9/20241/10/20241/31/2024
8/24/2023Quarterly$0.7250+$0.0160
2.26%
4.88%10/5/202310/6/202310/31/2023
5/25/2023Quarterly$0.7090-$0.0120
1.66%
4.97%7/7/20237/10/20237/31/2023
3/2/2023Quarterly$0.7210+$0.0129
1.82%
4.43%4/5/20234/6/20234/30/2023

This table shows Toronto-Dominion Bank's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Toronto-Dominion Bank Dividend - Frequently Asked Questions

The current dividend yield for Toronto-Dominion Bank is 5.25%. Learn more on TD's dividend yield history.

The annual dividend for TD shares is $3.02. Learn more on TD's annual dividend history.

Toronto-Dominion Bank pays quarterly dividends to shareholders.

Toronto-Dominion Bank's next quarterly dividend payment of $0.7482 per share will be made to shareholders on Friday, January 31, 2025.

Toronto-Dominion Bank's most recent quarterly dividend payment of $0.7390 per share was made to shareholders on Thursday, October 31, 2024.

Toronto-Dominion Bank's most recent ex-dividend date was Friday, January 10, 2025.

Over the past three years, the company's dividend has grown by an average of 8.89% per year.

Toronto-Dominion Bank has increased its dividend for the past 11 consecutive years.

The most recent change in the company's dividend was an increase of $0.0092 on Friday, December 6, 2024.

The dividend payout ratio for TD is:
  • 87.03% based on the trailing year of earnings
  • 54.22% based on this year's estimates
  • 49.92% based on next year's estimates
  • 41.60% based on cash flow

Toronto-Dominion Bank's dividend yield of 5.57% is lower than the average Finance company that issues a dividend. The company's 11 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Toronto-Dominion Bank's dividend payout ratio of 87.03% may not be sustainable. However, based on earnings estimates, TD will have a more sustainable dividend payout ratio of 49.92% next year.

Looking at the stock as a whole, market analysts rate Toronto-Dominion Bank stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:TD) was last updated on 1/20/2025 by MarketBeat.com Staff
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