Trailing Dividend / Share
$4.46
The Toronto-Dominion Bank (TD) Dividend History
Income profile from 1989 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.3%
Payout Ratio
37.3%
Sustainable
Dividend Streak
2 years
3-Second Income Check
Safety
37.3% payout ratio with sustainable safety profile.
Consistency
2 straight years of dividend increases.
Income Trend
Yield on cost is 5.3% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield3.3%
Trailing DPS$4.46
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout37.3%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak2 years
3Y CAGR2.7%
5Y CAGR5.1%
Yield on Cost (5Y)5.3%
YOC Trendrising
Total Returns
Buyback Yield9.3%
Total Shareholder Yield12.7%
1Y Total Return67.6%
5Y Total Return81.6%
Div Contribution (5Y)23.1%
Estimated $10K growth (return + dividends):
5Y ago$18,15910Y ago$31,50720Y ago$47,013
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (38 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
The Toronto-Dominion Bank distributes 37.3% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
TD has raised its dividend for 2 consecutive years, with a 3-year CAGR of 2.7% and 5-year CAGR of 5.1%.
Total Shareholder Returns
Beyond cash dividends, TD returns capital through share repurchases. The combined picture: 3.3% dividend yield, 9.3% buyback yield, 12.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.3% and is currently rising. The 5-year total return is 81.6%, with dividends contributing 23.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $31,507 today.
Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$14.39
Avg/Payment$0.7194
Latest Change+1.8%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 9, 2026Latest | $0.7900 | ↑ +1.8% | 3.17% | Apr 30, 2026 |
| Jan 9, 2026 | $0.7758 | ↑ +3.5% | 3.21% | Jan 31, 2026 |
| Oct 10, 2025 | $0.7494 | ↓ -2.3% | 3.79% | Oct 31, 2025 |
| Jul 10, 2025 | $0.7673 | ↑ +5.1% | 4.01% | Jul 31, 2025 |
| Apr 10, 2025 | $0.7300 | ↑ +0.8% | 5.20% | Apr 30, 2025 |
| Jan 10, 2025 | $0.7240 | ↓ -2.7% | 5.47% | Jan 31, 2025 |
| Oct 10, 2024 | $0.7440 | ↓ -0.5% | 5.06% | Oct 31, 2024 |
| Jul 10, 2024 | $0.7480 | ↓ -0.4% | 5.31% | Jul 31, 2024 |
Dividend Peer Comparison
Peer group: North American universal banks
#3 yield in peer group
Div Yield
3.3%
#3 of 9
Safety
Sustainable
37.3% payout
Streak
2Y
5.1% 5Y CAGR
Total Shareholder
12.7%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd TDThe Toronto-Dominion… | $163.3B | 3.3% | 37.3% | 2 | Sustainable |
JPMJPMorgan Chase & Co. | $809.7B | 1.7% | 25.3% | 14 | Sustainable |
BACBank of America Corp… | $379.2B | 2.5% | 31.2% | 6 | Sustainable |
WFCWells Fargo & Compan… | $251.8B | 1.8% | 26.0% | 3 | Sustainable |
RYRoyal Bank of Canada | $234.2B | 2.7% | 43.2% | 2 | Sustainable |
CCitigroup Inc. | $192.6B | 2.5% | 41.0% | 3 | Sustainable |
2nd BMOBank of Montreal | $102.0B | 3.5% | 57.8% | 2 | Sustainable |
1st BNSThe Bank of Nova Sco… | $93.7B | 4.2% | 68.9% | 1 | Watch |
CMCanadian Imperial Ba… | $93.6B | 3.1% | 47.4% | 2 | Sustainable |
Annual Dividend History
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.57 | — | 2 | — | — | — | 2.8% |
| 2025 | $2.97 | -1.2% | 4 | $11.56 | 25.7% | 3.89x | 5.3% |
| 2024 | $3.01 | 5.8% | 4 | $4.72 | 63.7% | 1.57x | 5.3% |
| 2023 | $2.84 | 3.6% | 4 | $5.52 | 51.5% | 1.94x | 5.1% |
| 2022 | $2.74 | 9.3% | 4 | $9.47 | 29.0% | 3.45x | 4.9% |
| 2021 | $2.51 | 8.4% | 4 | $7.72 | 32.5% | 3.08x | 4.5% |
| 2020 | $2.31 | 6.1% | 4 | $6.43 | 36.0% | 2.78x | 4.1% |
| 2019 | $2.18 | 7.1% | 4 | $6.25 | 34.9% | 2.87x | 3.9% |
| 2018 | $2.04 | 12.6% | 4 | $6.01 | 33.9% | 2.95x | 3.6% |
| 2017 | $1.81 | 11.3% | 4 | $5.50 | 32.9% | 3.04x | 3.2% |
See TD's True Return
Price is only half the story. See total return with reinvested dividends.
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See how TD stacks up against sector leader JPMorgan Chase & Co..
Start ComparisonFrequently Asked Questions
How much dividend does TD pay per share?
The Toronto-Dominion Bank (TD) pays a trailing 12-month dividend of $4.46 per share, with a current dividend yield of +3.3%. Payments are made Semi-Annual.
When is TD's next ex-dividend date?
TD's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TD typically pays dividends Semi-Annual.
Is TD's dividend safe?
TD's dividend safety is rated "Sustainable" based on an earnings payout ratio of +37.3% and FCF payout ratio of N/A. The 2-year growth streak provides moderate confidence.
How many years has TD increased its dividend?
TD has 2 consecutive years of dividend growth. The 5-year dividend CAGR is +5.1%.
How often does TD pay dividends?
The Toronto-Dominion Bank pays dividends Semi-Annual. The trailing 12-month total is $4.46 per share. Dividend data on this page covers 37+ years from 1989 to 2026.
How much would $10,000 invested in TD grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TD five years ago would be worth approximately $18,159 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TD's yield on cost for long-term holders?
TD's yield on cost — the current dividend divided by the original purchase price — is +5.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.3% market yield, thanks to consistent dividend growth.