TD set to expand in the U.S.

TD BANK, $84.77, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $152.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.2%; www.td.com) is a buy. The bank now expects to complete its $13.4 billion U.S. acquisition of Tennessee-based First Horizon Corporation (New York symbol FHN) in early 2023… Read More

Updating your Income-Growth Payers: Toronto-Dominion Bank

TORONTO-DOMINION BANK $87 is a buy. The lender (Toronto symbol TD; Income-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.8 billion; Market cap: $156.6 billion; Dividend yield: 4.1%; Dividend Sustainability Rating: Highest; www.td.com) last raised your quarterly dividend with the January 2022 payment. Investors now receive $0.89 a share, up 12.7%… Read More

TD rebounds with economy

TORONTO-DOMINION BANK $95 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $171.0 billion; Price-to-sales ratio: 3.9; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.td.com) continues to benefit from rising loan demand and credit card use… Read More

TD profits with Schwab

TD BANK, $94.24, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $169.9 billion; TSINetwork Rating: Above Average; Div. yield: 3.8%; www.td.com) is a buy. The bank merged its 43%-owned U.S. online brokerage firm TD Ameritrade Holding Corp. (Nasdaq symbol AMTD) with rival Charles Schwab Corp. (New York… Read More

Deal to spur TD profit 10%

TD BANK, $101.42, (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $184.2 billion; TSINetwork Rating: Above Average; Dividend yield: 3.5%; www.td.com) is a buy. The bank will now buy U.S. banking firm First Horizon Corporation. Based in Memphis, Tennessee, it operates 412 branches in 12 states that… Read More

A yield to caution

TD 1ST PREFERRED CLASS A SERIES 1 $23.05 (Toronto symbol TD.PF.A) is a preferred share issue from TD Bank (symbol TD on Toronto).
The TD Series 1 preferreds yield 4.0%. That’s higher than the 3.5% offered by the bank’s common shares.
Note, though, that preferred shares behave more like… Read More