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
2.6%
Payout Ratio
37.3%
Sustainable
Dividend Streak
10 years
TD Dividend Income Check
Safety
37.3% payout ratio with sustainable safety profile.
Consistency
10 straight years of dividend increases.
Income Trend
Yield on cost is 5.3% and trend is rising.
TD Dividend Scorecard
Yield & Income
Dividend Yield2.6%
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 Streak10 years
3Y CAGR2.7%
5Y CAGR5.1%
Yield on Cost (5Y)5.3%
YOC Trendrising
Total Returns
Buyback Yield7.1%
Total Shareholder Yield9.7%
1Y Total Return69.1%
5Y Total Return96.3%
Div Contribution (5Y)20.7%
Estimated $10K growth (return + dividends):
5Y ago$18,84110Y ago$33,79520Y ago$61,472
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 10 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: 2.6% dividend yield, 7.1% buyback yield, 9.7% 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 96.3%, with dividends contributing 20.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $33,795 today.
TD Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$14.54
Avg/Payment$0.7269
Latest Change+0.8%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jul 10, 2026Latest | $0.7885 | ↑ +0.8% | 2.61% | 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
#6 yield in peer group
Div Yield
2.6%
#6 of 9
Safety
Sustainable
37.3% payout
Streak
10Y
5.1% 5Y CAGR
Total Shareholder
9.7%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| TDThe Toronto-Dominion… | $206.5B | 2.6% | 37.3% | 10 | Sustainable |
3rd  BMOBank of Montreal | $124.8B | 2.7% | 57.8% | 5 | Sustainable |
1st  BNSThe Bank of Nova Sco… | $105.7B | 3.5% | 68.9% | 1 | Watch |
 RYRoyal Bank of Canada | $292.0B | 2.1% | 43.2% | 10 | Sustainable |
 CMCanadian Imperial Ba… | $107.4B | 2.6% | 47.4% | 10 | Sustainable |
2nd  USBU.S. Bancorp | $98.0B | 3.2% | 41.8% | 15 | Sustainable |
 PNCThe PNC Financial Se… | $102.0B | 2.6% | 38.0% | 15 | Sustainable |
 JPMJPMorgan Chase & Co. | $908.9B | 1.8% | 29.1% | 15 | Sustainable |
 BACBank of America Corp… | $424.8B | 2.1% | 31.3% | 12 | Sustainable |
TD Annual Dividend History (1989–2026)
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.35 | — | 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% |
Consensus-Based Analysis Tools
Should I Buy TD?
Wall Street verdict, signals, and target summaries.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
37+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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TD — 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 +2.6%. 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 10-year growth streak provides moderate confidence.
Is TD a Dividend Achiever?
Yes, The Toronto-Dominion Bank is classified as a Dividend Achiever with 10 consecutive years of dividend increases. The 5-year dividend CAGR is +5.1%, demonstrating above-inflation dividend growth.
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 $18,841 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 +2.6% market yield, thanks to consistent dividend growth.