Cormark Weighs in on Toronto-Dominion Bank’s FY2019 Earnings (TD)
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Investment analysts at Cormark issued their FY2019 EPS estimates for shares of Toronto-Dominion Bank in a research note issued on Friday. Cormark analyst M. Grauman anticipates that the company will post earnings per share of $6.24 for the year.
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Shares of Toronto-Dominion Bank (TD) traded up C$0.25 during trading on Monday, reaching C$74.51. The company had a trading volume of 1,577,256 shares, compared to its average volume of 3,647,035. Toronto-Dominion Bank has a 1-year low of C$61.50 and a 1-year high of C$74.69.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, October 6th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date was Thursday, October 5th. This is an increase from Toronto-Dominion Bank’s previous quarterly dividend of $0.51. Toronto-Dominion Bank’s dividend payout ratio is 43.56%.
In other news, insider Theresa Lynn Currie sold 2,128 shares of the stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of C$66.86, for a total transaction of C$142,278.08.
Toronto-Dominion Bank Company Profile
Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses.
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