Toronto-Dominion Bank (TD) Plans Quarterly Dividend of $0.79
Toronto-Dominion Bank (NYSE:TD) announced a quarterly dividend on Friday, March 1st. Shareholders of record on Wednesday, April 3rd will be paid a dividend of $0.79 per share on Tuesday, April 30th. This represents a $3.16 annualized dividend and a dividend yield of 3.81%. The ex-dividend date is Monday, April 1st.
Several analysts have also recently commented on the stock. Analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Toronto-Dominion Bank in a research note to investors on Friday. They now have a $90.00 price target on the stock, up previously from $87.00. Finally, analysts at CIBC downgraded shares of Toronto-Dominion Bank from an “outperform” rating to an “outperform” rating in a research note to investors on Friday, December 7th.
Shares of Toronto-Dominion Bank (TD) traded up 0.60% during mid-day trading on Friday, hitting $82.78. Toronto-Dominion Bank (TD) has a 52 week low of $72.63 and a 52 week high of $86.56. The stock’s 50-day moving average is currently $83.06. The company has a market cap of $75.835 billion and a P/E ratio of 11.94.
Toronto-Dominion Bank last released its earnings data on Thursday, February 28th. The company reported $2.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.96 by $0.04. The company had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the prior year, the company posted $1.86 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. On average, analysts predict that Toronto-Dominion Bank (TD) will post $7.79 earnings per share for the current fiscal year.
The Toronto-Dominion Bank is a Canada-based bank. The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (the Bank or TD).
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