Increased dividend payout and annual yield
- Toronto-Dominion Bank raises quarterly dividend by 6.25%
- New dividend payout is $1.02 Canadian dollars
- Annual yield of about 4.9%
- Dividend payable on Jan. 31 to shareholders of record Jan. 10
Toronto-Dominion Bank’s board has announced a 6.25% increase in the quarterly dividend, raising it to $1.02 Canadian dollars from C$0.96. This new payout, equivalent to C$4.08 per year, offers an annual yield of approximately 4.9%. Shareholders of record as of January 10 will receive the increased dividend on January 31.
Public Companies: Toronto-Dominion Bank (TD)
Private Companies:
Key People: Colin Kellaher ()
Factuality Level: 10
Justification: The article provides factual information about Toronto-Dominion Bank’s board raising the quarterly dividend by 6.25% and the new payout amount. It also mentions the record date and payment date for the dividend. There are no digressions, misleading information, sensationalism, redundancy, or opinion masquerading as fact in the article.
Noise Level: 8
Justification: The article provides basic information about Toronto-Dominion Bank’s dividend increase, but it lacks any analysis, context, or insights. It simply states the facts without providing any evidence, data, or examples to support its claims. The article also does not explore any long-term trends or consequences of the dividend increase. Overall, it is a short and straightforward news piece without much substance.
Financial Relevance: Yes
Financial Markets Impacted: Toronto-Dominion Bank
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The news article pertains to a financial topic as it discusses Toronto-Dominion Bank’s board raising the quarterly dividend.
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