Dividend Advisor Hotline – Friday, May 25, 2018

TORONTO-DOMINION BANK, $76.40, Toronto symbol TD, raised its quarterly dividend 11.7% with the May 2018 payment. Investors now receive $0.67 a share, instead of $0.60. The new annual rate of $2.68 yields 3.5%.

The bank also reported-stronger-than-expected earnings for its fiscal 2018 second quarter, which ended… Read More

Canadian and U.S. growth spurs TD

Toronto-Dominion Bank reported higher earnings in the latest quarter for both its Canadian and U.S. businesses. Lower unemployment and stronger economic growth continue to lift demand for its loans. More generally, profit for banks in the U.S. and Canada tends to rise following interest rate… Read More