Thursday, February 26, 2015

Dividend Increase – Toronto-Dominion Bank (TD)


Today the Board of Directors of Toronto-Dominion Bank announced a quarterly dividend increase of from CA$0.47 to CA$0.51 per share that’s payable April 30, 2015 to holders of record April 7, 2015. This represents a 8.51 % increase to regular quarterly dividends. With current price CA$54.70 (today's open), this raise brings their dividend yield to 3.73%. 

Since I own 80 shares, this will increase my portfolio's projected annual net dividend income by CA$9.54.

That increase rises my YOC to 3.75%.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

4 comments:

  1. Congrats on the increase! Thats two days in a row :)

    R2R

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    Replies
    1. Hi R2R

      Thanks, next week we will wait some increase from BNS!

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  2. Iam interested to know what you are going to do with your ESV stocks now that they lowered the dividend by 80%.

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    Replies
    1. Hello

      ESV's Dividend drop was expected, but the amount of it surprised me. I'm not going to sell now, I'll probably keep them at least half a year and I'll look at how things will develop. I don't need any tax losses right now, but perhaps at the end of this year I'll sell them and take losses, time will show.

      Thanks for stopping by!

      Delete