1
Derived from payout historyIncome reliability
Annual income profile is visible
TD has an income profile aligned with its dividend company role. Provider data shows 2 recent payout records.
Market dataIncome framework read
Dividend CompanyNYSECross-listed
TD
Toronto-Dominion Bank NYSE listing
FinancialsPlain dividendQuarterly
Market Snapshot
US$119.49
-US$0.09 (-7.53%)
NYSE
Yield
2.72%
Rate US$3.24
Next Payment
Next pay in 38 days
Ex-date 2026-07-10
52wk Position
98.41%
-0.65% below high
Updated just now
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- US$324.00
- APR
- 2.712
- Coverage
- 2.712
Fortress level. Selectively used for highest-priority rungs.
Price Creep
Defended price ceiling
- Max defended
- US$324.00
- Cushion
- US$204.51
- Cushion %
- 171.15%
Current US$119.49Break US$324.00
Smart Recommendation
TD is inside the defended DRIP zone at these inputs; monitor price creep before adding new capital.
Research Signals
Research in progress
DRIP availability
Plan-only
Tax character
Foreign dividend
Distribution history
Quarterly distributions, established payout history
Structure Overview
This is a publicly traded company that pays regular cash dividends to shareholders. Canadian-listed dividend companies typically pay eligible dividends, which qualify for the dividend tax credit in non-registered accounts. Payout policy, frequency, and sustainability vary by issuer; verify the current distribution policy directly with the company.
Canadian Planning Notes
- 1Eligible dividends from Canadian corporations are taxed more favourably in a non-registered account than foreign dividends or interest income.
- 2DRIP availability varies by issuer and broker; confirm whether your plan offers optional cash purchase (OCP) alongside the dividend reinvestment.
- 3Always verify the current payout policy, ex-dividend date, and recent financial results with the issuer before including this holding in a plan.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
TFSA
Mixed-character distributions are usually easiest to handle in a TFSA because annual tax reporting is avoided.
RRSP: Also shelters distribution complexity.
Non-registered: Review T3 or issuer tax breakdown before using a taxable account.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Plan-only
RBC Direct Investing
Available
TD Direct Investing
Available
Run Your Numbers
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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.