Dividend Increase – Toronto-Dominion Bank (TD)

Today the Board of Directors of Toronto-Dominion Bank announced a quarterly dividend increase of from CA$ 0.60 to CA$ 0.67 per share that’s payable April 30, 2018 to holders of record April 10, 2018. This represents a 11.67 % increase to regular quarterly dividends. With current price CA$ 74.00 (yesterday's close), this raise brings their dividend yield to 3.62 %. 

Since I own 180 shares of TD, this will increase my portfolio's projected annual net dividend income by CA$ 37.55.

That increase rises my YOC to 4.92 %. 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long TD.TO 

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