Toronto-Dominion Com Dividend yield




   CAD/share 
 Price  99.19
 Dividend  3.56
 Earnings  8.13
 Cash-flow  20.66
 Book value  52.21
 Equity  50.81

Toronto-Dominion Com is part of Banks business, which is part of Financials industry. Toronto-Dominion Com is a company from Canada, and his stocks are publicly traded.

Toronto-Dominion Com paid a total dividend of 6,476 million CAD last year, for a market value of 180,427 millions (Market Cap 180,275 millions). Dividend per share of Toronto-Dominion Com is 3.56 CAD, and his stock market price 99.19 CAD.

According to the chart below, where dividend yield is displayed, Toronto-Dominion Com has a dividend yield of 3.59%, which is higher than the amount offered by both the market average and companies from Canada. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Toronto-Dominion Com dividend yield with other Banks companies or firms from Canada.

Dividend yield of Toronto-Dominion Com

Toronto-Dominion Com Dividend Payout

About the ability of Toronto-Dominion Com to maintain his current dividend of CAD 3.56 per share, an amount that accounts for 3.59%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toronto-Dominion Com payout on ernings is currently 43.79%, which is higher than the market average, and companies of Financials industry, which are 38.25% and 41.38% respectively. Both figures show that Toronto-Dominion Com can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Toronto-Dominion Com is CAD 20.66 per share, which is higher than the dividend per share paid by the company of CAD 3.56, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Toronto-Dominion Com, compared againt world market average, Canada companies, Financials industry and Banks sector companies.

Toronto-Dominion Com payout

Toronto-Dominion Com Dividend History

Year Yield  CAD  Paypout  Shares* 
Present3.59%3.5643.79%1,819
20213.26%3.1639.11%1,819
20204.39%3.1646.13%1,809
20193.97%2.8943.26%1,820
20183.95%2.6841.88%1,845
20173.26%2.4039.41%1,858
20163.46%2.2047.72%1,845
20153.74%2.0445.64%1,845

*In millions

Toronto-Dominion Com Stock performance

Finally, last moth Toronto-Dominion Com showed a return of -3.00% compared to a worldwide 1.12% average, and a 1.75% of Financials firms. Over the last year, the company obtained a 21.00% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Canada and Banks firms.

Toronto-Dominion Com stock and market return