Toronto-Dominion Com Dividend yield

 Price  82.42
 Dividend  3.84
 Earnings  9.81
 Cash-flow  7.29
 Book value  54.95
 Equity  53.61

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 stock dividend

Toronto-Dominion Com paid a total dividend of 6,985 million CAD last year, for a market value of 149,922 millions (Market Cap 149,823 millions). Toronto-Dominion Com dividend per share is 3.84 CAD, and his stock market price 82.42 CAD.

According to the chart below, where dividend yield is displayed, Toronto-Dominion Com has a dividend yield of 4.66%, 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 stocks dividend with other Banks companies or other of the highest Canada dividend stocks list.

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 3.84 per share, an amount that accounts for 4.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Toronto-Dominion Com payout on ernings is currently 39.14%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Toronto-Dominion Comcan maintain his current dividend.

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 7.29 per share, which is higher than the dividend per share paid by the company of CAD 3.84, 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

Below you will find a table with the historical evolution of Toronto-Dominion Com's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  CAD  Paypout  Shares* 

*In millions

Then you can see the evolution of Toronto-Dominion Com dividend stock, and compare it with the average of Canada stocks and that of the Banks stocks.

Toronto-Dominion Com stock dividend history

Toronto-Dominion Com Stock performance

Finally, last moth Toronto-Dominion Com showed a return of -5.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -2.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Canada and Banks firms.

Toronto-Dominion Com stock and market return