Toronto-Dominion Bank (TD) Announces Quarterly Dividend of C$0.47
Toronto-Dominion Bank (TSE:TD) announced a quarterly dividend on Thursday, August 28th, Stock Ratings Network reports. Stockholders of record on Friday, October 3rd will be paid a dividend of 0.47 per share on Friday, October 31st. This represents a $1.88 annualized dividend and a dividend yield of 3.25%.
TD has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Toronto-Dominion Bank from C$56.00 to C$59.00 in a research note on Tuesday, August 19th. They now have an “equal weight” rating on the stock. On the ratings front, analysts at Keefe, Bruyette & Woods raised their price target on shares of Toronto-Dominion Bank from C$51.00 to C$61.00 in a research note on Tuesday, August 19th. They now have a “market perform” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Toronto-Dominion Bank from C$58.00 to C$62.00 in a research note on Tuesday, August 12th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Toronto-Dominion Bank currently has an average rating of “Hold” and an average target price of C$67.23.
Toronto-Dominion Bank (TSE:TD) opened at 57.82 on Thursday. Toronto-Dominion Bank has a 1-year low of $43.705 and a 1-year high of $58.20. The stock has a 50-day moving average of $56.36 and a 200-day moving average of $53.27. The company has a market cap of $106.5 billion and a price-to-earnings ratio of 15.29.
The Toronto-Dominion Bank, is a Canada-based bank, offering a range of financial products and services through TD Canada Trust, TD Bank, TD commercial Bank, TD commercial Banking and TD Auto finance.
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