TD Bank Group Declares Dividends

The dividends are payable October 20, 2016, to shareholders of record on September 15, 2016. The ex-dividend date of this dividend is Wednesday, October 5th.

Toronto-Dominion Bank closed down -0.29 points or -0.65% at $44.16 with 13,99,244 shares getting traded on Friday. Toronto-Dominion Bank (NYSE:TD) marked 52 week highest price level of $45.74 on 06/08/16 and 52 week lowest price level of $33.485 on 01/20/16. Toronto-Dominion Bank makes up approx 0.03% of Hm Payson Co’s portfolio.Parsec Financial Management boosted its stake in TD in the latest quarter, The investment management firm added 16,656 additional shares and now holds a total of 237,674 shares of Toronto-Dominion Bank which is valued at $10,355,456. Canaccord Genuity upped their target price on shares of Toronto-Dominion Bank from C$59.00 to C$60.00 in a research note on Monday, May 2nd. Zacks Investment Research upgraded The Toronto-Dominion Bank from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a research report on Thursday, April 28th. An arithmetical average of the ratings given by analysts to develop a Consensus Analyst Rating for each company is known as the broker recommendation. The company now has a consensus rating of “Buy” and a consensus target price of $53.23.

Other Hedge Funds, Including, Hightower Advisors reduced its stake in TD by selling 1,104 shares or 1.33% in the most recent quarter. TD has been tracking to a 50-day average of $56.75 and 200-day average of $55.58. The company has a market cap of $83.00 billion.

Aug 25 Toronto-Dominion Bank, Canada’s second-biggest lender, reported third-quarter earnings that were ahead of market expectations on Thursday, helped by growth in its USA retail and wholesale banking business.

Toronto-Dominion Bank (TSE:TD) had its price target hoisted by equities research analysts at National Bank Financial from C$60.00 to C$61.00 in a report released on Friday. On August 24, 2016, the Board of Directors for Dollar General declared its regular quarterly cash dividend of $0.25 per share on the Company’s common stock.

EPS stands for earnings per share and is one of the simplest to determine how investment worthy a company is.

On an earnings-per-share basis, TD Bank continued to post improvements over the same quarter previous year.

The Toronto-Dominion Bank’s P/E stands at 12.94, while the P/S is at 4.13 and earnings per share this year of 1.90%.

The net profit margin for The Toronto-Dominion Bank stands at 31.70%. U.S. Retail consists of the Bank’s retail and commercial banking operations operating under the brand TD Bank America’s Most Convenient Bank and wealth management services in the United States. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses including credit cards auto finance wealth and insurance businesses.