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Cash Dividend On The Way From Toronto Dominion Bank (TD)

Looking at the universe of stocks we cover at Dividend Channel , on 10/2/15, Toronto Dominion Bank (Symbol: TD) will trade ex-dividend, for its quarterly dividend of $0.51, payable on 10/30/15. As a percentage of TD's recent stock price of $39.09, this dividend works out to approximately 1.30%, so look for shares of Toronto Dominion Bank to trade 1.30% lower - all else being equal - when TD shares open for trading on 10/2/15.

TD+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TD is likely to continue, and whether the current estimated yield of 5.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TD shares, versus its 200 day moving average:

Toronto Dominion Bank 200 Day Moving Average Chart

Looking at the chart above, TD's low point in its 52 week range is $35.93 per share, with $51.04 as the 52 week high point - that compares with a last trade of $39.10.

According to Preferred Stock Channel, there are 12 series of preferred stock that are senior to TD - find out what they are » .

In Wednesday trading, Toronto Dominion Bank shares are currently up about 2.1% on the day.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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