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

TD deal a plus for investors

TD BANK, $75.67, is still a buy. Investors in the bank (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $137.2 billion; TSINetwork Rating: Above Average; Divd. yield: 3.9%; www.td.com) should now gain from the sale of its 43%-owned TD Ameritrade Holding Corp. (Nasdaq symbol AMTD). It’s one of… Read More