TD remains a solid pick in turbulent times

The economic uncertainty caused by COVID-19 has forced TD, and other big banks, to increase the funds it sets aside for possible loan defaults. While that has hurt its current earnings, the bank can comfortably absorb these charges. As well, regulators have relaxed their capitalization… Read More

Enjoy a 5.5% yield from Toronto-Dominion Bank

Enjoy a 5.5% yield from Toronto-Dominion Bank

The company is selling its online brokerage firm to a competitor in an all-stock takeover deal.

Meanwhile it boasts a track record of increasing its dividend for investors by 9.1% each year over the past 5 years.

TORONTO-DOMINION BANK, (Toronto symbol TD; www.td.com) owns roughly 43% of… Read More