TD BANK GROUP DECLARES DIVIDENDS
(all amounts in Canadian dollars)
TORONTO – February 27,
2025 -
The Toronto
-Dominion Bank (the "Bank") today announced
that a dividend in an amount of one dollar and five cents
($1.05) per fully paid common share in
the capital stock of the Bank has been declared for the
quarter ending April 30, 2025, payable on
and after April 30,
2025, to shareholders of record at the close of business
on April 10, 2025.
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 April 30, 2025 dividend, the Bank will purchase
the additional shares in the open
market and therefore no discount will apply.
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 April 10, 2025.
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 April 30,
2025 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 April 10, 2025.
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 April 30, 2025 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 April 10, 2025.
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 April 30, 2025, to
shareholders of record at the close of business on April
10, 2025:
●
Series 1, in an amount per share of $0.310625;
●
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;
●
Series 27, in an amount per share of $28.75; and
●
Series 28, in an amount per share of $36.16.
