Toronto-Dominion Bank (TD) Plans Quarterly Dividend of $0.60

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) declared a quarterly dividend on Thursday, November 30th, Zacks reports. Investors of record on Wednesday, January 10th will be paid a dividend of 0.60 per share on Wednesday, January 31st. This represents a $2.40 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Tuesday, January 9th.

Shares of Toronto-Dominion Bank (TD) traded up C$0.08 on Friday, hitting C$73.32. The company had a trading volume of 3,730,000 shares, compared to its average volume of 2,230,000. Toronto-Dominion Bank has a 1-year low of C$61.50 and a 1-year high of C$75.09.

In related news, insider Theresa Lynn Currie sold 2,128 shares of the stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of C$66.86, for a total value of C$142,278.08.

Several equities analysts recently issued reports on TD shares. TD Securities boosted their price objective on Toronto-Dominion Bank from C$75.00 to C$77.00 and gave the company a “buy” rating in a research report on Friday, September 1st. CIBC boosted their price objective on Toronto-Dominion Bank from C$73.00 to C$79.00 in a research report on Monday, November 13th. Royal Bank Of Canada upped their price target on Toronto-Dominion Bank from C$70.00 to C$72.00 and gave the stock a “sector perform” rating in a research report on Friday, September 1st. Canaccord Genuity upped their price target on Toronto-Dominion Bank from C$74.00 to C$78.00 in a research report on Wednesday, November 1st. Finally, Scotiabank upped their price target on Toronto-Dominion Bank from C$73.00 to C$76.00 and gave the stock an “outperform” rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of C$75.31.

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About Toronto-Dominion Bank

Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses.

Dividend History for Toronto-Dominion Bank (TSE:TD)

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