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

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) declared a quarterly dividend on Friday, July 10th, TickerTech Dividends reports. Investors of record on Friday, July 31st will be given a dividend of 1.12 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, July 10th. This is a 3.7% increase from Toronto-Dominion Bank’s previous quarterly dividend of $1.08.

Toronto-Dominion Bank Stock Performance

Shares of TD opened at C$172.36 on Wednesday. The company’s 50-day simple moving average is C$158.15 and its 200-day simple moving average is C$141.23. Toronto-Dominion Bank has a 1 year low of C$99.51 and a 1 year high of C$172.98. The stock has a market capitalization of C$284.75 billion, a PE ratio of 20.23, a P/E/G ratio of 1.22 and a beta of 0.89.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last released its earnings results on Thursday, May 28th. The company reported C$2.38 earnings per share (EPS) for the quarter. Toronto-Dominion Bank had a return on equity of 11.85% and a net margin of 13.21%.The firm had revenue of C$16.04 billion during the quarter. On average, sell-side analysts predict that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current year.

About Toronto-Dominion Bank

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.