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.
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:
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.