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
2.9%
Payout Ratio
37.3%
Sustainable
Dividend Streak
2 years
TD Dividend 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.
TD Dividend Scorecard
Yield & Income
Dividend Yield2.9%
Trailing DPS$4.46
FrequencyQuarterly
Payments / 12M5
Payout Safety
Earnings Payout37.3%
Earnings SafetySustainable
FCF Payout57.8%
FCF SafetyAdequate
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 Yield7.9%
Total Shareholder Yield10.8%
1Y Total Return65.0%
5Y Total Return74.6%
Div Contribution (5Y)19.8%
Estimated $10K growth (return + dividends):
5Y ago$17,46210Y ago$31,00620Y ago$56,012
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.
TD Income Growth Story
Dividend per share and yield on cost over time (38 years of payments)
TD Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
The Toronto-Dominion Bank distributes 37.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 57.8%, rated "Adequate".
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: 2.9% dividend yield, 7.9% buyback yield, 10.8% 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 74.6%, with dividends contributing 19.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $31,006 today.
TD Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$14.56
Avg/Payment$0.7281
Latest Change+3.8%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jul 10, 2026Latest | $0.8120 | ↑ +3.8% | 2.78% | Jul 31, 2026 |
| Apr 9, 2026 | $0.7821 | ↑ +0.6% | 3.08% | Apr 30, 2026 |
| Jan 9, 2026 | $0.7775 | ↑ +3.7% | 3.21% | Jan 31, 2026 |
| Oct 10, 2025 | $0.7501 | ↓ -2.2% | 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 |
TD Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
2.9%
#4 of 8
Safety
Sustainable
37.3% payout
Streak
2Y
5.1% 5Y CAGR
Total Shareholder
10.8%
#1 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
 TDThe Toronto-Dominion… | $189.8B | 2.9% | 37.3% | 2 | Sustainable |
2nd  BMOBank of Montreal | $114.6B | 3.1% | 57.8% | 2 | Sustainable |
1st  BNSThe Bank of Nova Sco… | $98.9B | 3.9% | 68.9% | 1 | Watch |
 RYRoyal Bank of Canada | $266.9B | 2.4% | 43.2% | 2 | Sustainable |
 CMCanadian Imperial Ba… | $99.5B | 2.9% | 47.4% | 2 | Sustainable |
3rd  PNCThe PNC Financial Se… | $88.2B | 2.9% | 43.1% | 14 | Sustainable |
 JPMJPMorgan Chase & Co. | $811.2B | 1.7% | 25.3% | 14 | Sustainable |
 BACBank of America Corp… | $398.8B | 2.4% | 31.2% | 6 | Sustainable |
TD Annual Dividend History (1989–2026)
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.37 | — | 3 | — | — | — | 4.2% |
| 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% |
Full TD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy TD Right Now?
Buy/sell signals, Wall St analyst verdict, risk score and price target consensus — updated daily.
What if you invested $1,000 in TD back in 1989?
Total return with dividends reinvested · 37+ years of data
Calculate ReturnsHow much would $100/month in TD be worth today?
Dollar cost averaging vs lump sum · see how regular investing compounds over time
Run the NumbersIs TD Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationTD vs BRK-A — which is the better buy?
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Compare NowTD — Frequently Asked Questions
Quick answers to the most common questions about buying TD stock.
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 +2.9%. Payments are made Quarterly.
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 Quarterly.
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 +57.8%. 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 Quarterly. 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 $17,462 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 +2.9% market yield, thanks to consistent dividend growth.