The Toronto-Dominion Bank (TD Bank Group) has declared a quarterly dividend for its common shareholders. The amount set for the quarter ending July 31, 2026, is $1.12 per fully paid common share. This dividend will be payable starting July 31, 2026, to those who are on record as shareholders by the close of business on July 10, 2026.
Dividend Reinvestment Plan Details
Shareholders have the option to reinvest their dividends under the Dividend Reinvestment Plan (DRIP). This allows them to acquire additional common shares instead of receiving cash dividends. The TD Bank has the authority to either purchase these shares on the open market or issue them directly from its treasury, with a potential discount of up to 5% applicable if issued from treasury. However, for this specific dividend, the bank will purchase the shares in the market, meaning no discount will be applied.
Enrollment Instructions for the Dividend Reinvestment Plan
- Enrolment Forms for registered holders must be submitted to TSX Trust Company by July 10, 2026.
- Contact information for TSX Trust Company: 1-800-387-0825.
- Forms can also be found on TD’s website.
Beneficial or non-registered holders wishing to participate should reach out to their financial institution or broker for guidance on enrollment prior to this deadline.
Preferred Shares Dividend Announcement
In addition to the common share dividends, TD Bank Group has also announced dividends for its Non-Cumulative Redeemable Class A First Preferred Shares. The dividends, payable after July 31, 2026, for shareholders on record by July 10, 2026, are as follows:
- Series 1: $0.310625 per share
- Series 16: $0.3938125 per share
- Series 18: $0.3591875 per share
Tax Treatment of Dividends
The Bank informs shareholders that the declared dividends for the quarter and future dividends will be considered eligible dividends under the Income Tax Act (Canada) unless stated otherwise.
About TD Bank Group
TD Bank Group is a prominent financial institution in North America. It serves over 28 million clients through various business divisions, including:
- Canadian Personal and Commercial Banking
- U.S. Banking
- Wealth Management and Insurance
- Wholesale Banking
As of April 30, 2026, TD Bank’s total assets were reported at $2.1 trillion. The bank maintains a strong digital presence with over 13 million active mobile users across Canada and the U.S.
TD trades under the symbol “TD” on both the Toronto Stock Exchange and the New York Stock Exchange.
