TD BANK GROUP DECLARES DIVIDENDS
(all amounts in Canadian dollars)
TORONTO – May 23, 2024 -
The Toronto
-Dominion Bank (the "Bank") today announced that
a
dividend in an amount of one dollar and two cents ($1.02)
per fully paid common share in the
capital stock of the Bank has been declared for the quarter
ending July 31,
2024, payable on and
after July 31, 2024, to shareholders of record at the close
of business on July 10, 2024.
In lieu of receiving their dividends in cash, holders of the Bank’s
common shares may choose to
have their dividends reinvested in additional common shares
of the Bank in accordance with the
Dividend Reinvestment Plan (the “Plan”).
Under the Plan, the Bank has the discretion to either purchase
the additional common shares in
the open market or issue them from treasury.
If issued from treasury,
the Bank may decide to
apply a discount of up to 5% to the Average Market
Price (as defined in the Plan) of the additional
shares.
For the July 31,
2024 dividend, the Bank will issue the additional shares
from treasury,
with no discount.
Registered holders of record of the Bank's common shares
wishing to join the Plan can obtain an
Enrolment Form from TSX Trust
Company (1-800-387-0825) or on the Bank's website,
www.td.com/investor/drip.jsp.
In order to participate in the Plan in time for this dividend,
Enrolment Forms for registered holders must be received
by TSX Trust Company at P.O.
Box
4229, Postal Station A, Toronto,
Ontario, M5W 0G1, or by facsimile at 1-888-488-1416,
before
the close of business on July 10, 2024.
Beneficial or non-registered holders of the Bank's
common shares wishing to join the Plan must contact their
financial institution or broker for
instructions on how to enroll in advance of the above date.
Registered holders who participate in the Plan and who wish to
terminate that participation so that
cash dividends to which they are entitled to be paid on and
after July 31, 2024 are not reinvested
in common shares under the Plan must deliver written notice
to TSX Trust Company at the above
address by no later than July 10, 2024.
Beneficial or non-registered holders who participate in
the Plan and who wish to terminate that participation so that cash
dividends to which they are
entitled to be paid on and after July 31
,
2024 are not reinvested in common shares under the
Plan must contact their financial institution or broker for
instructions on how to terminate
participation in the Plan in advance of July 10, 2024.
The Bank also announced that dividends have been declared
on the following Non-Cumulative
Redeemable Class A First Preferred Shares of the Bank, payable
on and after July 31, 2024, to
shareholders of record at the close of business on July
10, 2024:
●
Series 1, in an amount per share of $0.228875;
●
Series 3, in an amount per share of $0.2300625;
●
Series 5, in an amount per share of $0.24225;
●
Series 7, in an amount per share of $0.2000625;
●
Series 9, in an amount per share of $0.202625;
●
Series 16, in an amount per share of $0.3938125;
●
Series 18, in an amount per share of $0.3591875; and
●
Series 24, in an amount per share of $0.31875.
