Is The Toronto-Dominion Bank a good dividend stock?

The Toronto-Dominion Bank (TD) is a dividend-paying stock with a current dividend yield of 2.57%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is TD's dividend yield?

The dividend yield for TD stock is currently 2.57%.

How much does TD pay in dividends per year?

The Toronto-Dominion Bank pays an annual dividend of $3.0980 per share over the trailing twelve months.

How often does TD pay dividends?

TD stock pays dividends quarterly.

Is TD's dividend growing?

The Toronto-Dominion Bank's 3-year dividend CAGR is 3.59%.

TD Stock Price, Chart, Stats & News

The Toronto-Dominion Bank

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Overview Dividend safety Dividends Fundamentals

The Toronto-Dominion Bank (TD) is a dividend-paying stock with a current dividend yield of 2.57% as of Jul 10, 2026. It pays $3.10 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 4.41% 5-year compound annual rate.

203.64B

Market cap

17.27x

Current P/E

15.97x

Forward P/E

2.57%

Dividend yield

$3.10

TD dividend

Dividend safety

Strong

Dividend coverage looks healthy — TD pays out about 44% of earnings.

See the safety analysis

TD chart

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Fundamentals

Gross margin	51.07%
Operating margin	22.47%
Pretax margin	22.47%
Net margin	19.11%
Effective tax rate	14.99%
ROA	1.04%
ROE	17.26%
D/E	2.14x
Interest coverage ratio	0.50x

All financials

TD valuation

P/E	17.27x
P/S	1.88x
P/B	1.24x
P/CF	9.59x
P/FCF	15.17x
P/OCF	9.59x
PEG	0.74x
EV multiple	-1.77x

About

The Toronto-Dominion Bank, along with its affiliated entities, delivers a comprehensive array of financial solutions and services across Canada, the United States, and various international markets. Its operations are structured into three primary divisions: Canadian Retail, U. S.