The Growing Power of Dividends

Learn everything you need to know in '7 Winning Strategies for Dividend Investors' for FREE from The Successful Investor.

The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.

 I consent to receiving information from The Successful Investor via email. I understand I can unsubscribe from these updates at any time.

Topic: Dividend Stocks

TORONTO-DOMINION BANK $50

TORONTO-DOMINION BANK $50 (www.td.com) owns 41.54% of TD Ameritrade Holding Corp. (Nasdaq symbol AMTD), one of the largest online brokerage firms in the U.S. TD expects Ameritrade will contribute $109 million (Canadian) to its earnings in its 2016 first quarter, which ended January 31, 2016, up 21.1% from $90 million a year earlier. To put these figures in perspective, TD earned $2.2 billion, or $1.14 a share, in its fiscal 2015 fourth quarter, which ended October 31, 2015. Ameritrade’s average daily trading volumes fell 4.2% in the fourth quarter of 2015. However, the recent increase in stock market volatility has pushed up its trading volumes in January 2016 by 30%. Moreover, its assets under management rose 3.4% in the latest quarter.

Best Buy.

Comments

Tell Us What YOU Think

You must be logged in to post a comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.