TD Bank hikes dividend, profit falls short of forecasts [Toronto Globe and Mail (Ontario, Canada)]
Toronto Dominion Bank (The) (TD)
Last toronto dominion bank (the) earnings: 2/27 06:30 am
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Source: Toronto Globe and Mail
TD Bank hikes dividend, profit falls short of forecasts TD Bank Group raised its dividend but fell short of expectations as it reported a first-quarter profit of $3 billion, up from $2.4 billion in the same quarter last year. The bank says it will now pay a quarterly dividend of 79 cents per share, up from its previous payment of 74 cents per quarter. The increased payment to shareholders came as TD says it earned $1.61 per diluted share for the quarter ended Jan. 31. That compared with $1.27 per diluted share in the same quarter a year earlier. On an adjusted basis, TD says it earned $1.66 per diluted share for the quarter, compared with an adjusted profit of $1.57 per diluted share in the first quarter of 2019. Analysts on average had expected an adjusted profit of $1.69 per diluted share, according to financial markets data firm Refinitiv. Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up tod
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TD
Sec Filings
- 5/10/24 - Form 424B2
- 5/10/24 - Form 424B2
- 5/10/24 - Form 424B2
- TD's page on the SEC website