The Toronto-Dominion Bank dividend history and coverage
Fiscal 2016–2025 dividends per share, payout of earnings and cash flow, and any decreases, read from The Toronto-Dominion Bank's own SEC filings. Data built 2026-11-01.
Dividend history
- Dividends per share (fiscal year)
- Year with a decrease
- Earnings per share (diluted)
Per-share figures are adjusted for the 2-for-1 split effective 2014-01-31.
Yield at today's price
The numbers, with their filings
| Fiscal year | Dividends/share | EPS (diluted) | Payout of EPS | FCF/share | Filing |
|---|---|---|---|---|---|
| FY2025 | 4.200 | 11.56 | 36% | n/a | 40-F |
| FY2024 | 4.080 | 4.72 | 86% | n/a | 40-F |
| FY2023 | 3.840 | 5.52 | 70% | n/a | 40-F |
| FY2022 | 3.560 | 9.47 | 38% | n/a | 40-F |
| FY2021 | 3.160 | 7.72 | 41% | n/a | 40-F |
| FY2020 | 3.110 | 6.43 | 48% | n/a | 40-F |
| FY2019 | 2.890 | 6.25 | 46% | n/a | 40-F |
| FY2018 | 2.610 | 6.01 | 43% | n/a | 40-F |
| FY2017 | 2.350 | 5.50 | 43% | n/a | 40-F |
| FY2016 | 2.160 | 4.67 | 46% | n/a | 40-F |
Dividends per share: dividends paid per share, as tagged in the company's filings. Free cash flow isn't meaningful for banks and insurers, so it isn't shown. All The Toronto-Dominion Bank filings on EDGAR ↗
Data note. Fiscal year ends October 31. Figures are dividends paid per share.
What $1,000 of The dividends is worth after tax
Canadian resident (2026 estimate)
| Account | You keep | Why |
|---|---|---|
| Non-registered | $936 | Eligible-dividend gross-up and credits (assumes the dividend is designated eligible, as large Canadian public companies' dividends usually are; check your T5) |
| TFSA | $1,000 | Tax-free |
| RRSP / RRIF | $1,000 | No tax now; withdrawals are taxed later as ordinary income |
US taxpayer (2026 estimate)
Example: married filing jointly, $120,000 of other taxable income, 22% ordinary bracket.
| Account | You keep |
|---|---|
| Taxable brokerage | $850 |
| Roth IRA | $1,000 |
| Traditional IRA / 401(k) | $1,000* |
* Nothing is taxed when the dividend is paid; withdrawals are taxed later as ordinary income.
Assumes qualified-dividend treatment (holding period met). Canadian dividends paid to US residents generally have 15% Canadian tax withheld under the treaty, creditable on a US return; not modelled here. Use your own numbers.
Frequently asked questions
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