The Toronto-Dominion Bank (TSE:TD) Announces Quarterly Dividend of $1.05

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Investors of record on Thursday, April 10th will be given a dividend of 1.05 per share on Wednesday, April 30th. This represents a $4.20 annualized dividend and a yield of 4.90%.

Toronto-Dominion Bank Stock Up 0.5 %

TSE:TD opened at C$85.67 on Thursday. Toronto-Dominion Bank has a twelve month low of C$73.22 and a twelve month high of C$87.99. The firm has a market capitalization of C$150.30 billion, a price-to-earnings ratio of 16.97, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. The stock’s 50 day moving average price is C$80.99 and its two-hundred day moving average price is C$80.56.

Analysts Set New Price Targets

TD has been the topic of several analyst reports. Desjardins lowered shares of Toronto-Dominion Bank from a “moderate buy” rating to a “hold” rating in a research report on Thursday, December 5th. UBS Group upped their price target on shares of Toronto-Dominion Bank from C$83.00 to C$90.00 in a research note on Friday, February 14th. National Bankshares lowered their price target on shares of Toronto-Dominion Bank from C$85.00 to C$80.00 in a report on Friday, December 6th. Scotiabank reduced their price objective on Toronto-Dominion Bank from C$83.00 to C$82.00 and set a “sector perform” rating for the company in a report on Thursday, February 20th. Finally, BMO Capital Markets upgraded Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating and set a C$90.00 price objective on the stock in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of C$88.67.

Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.