Stock Name: TD
Amount: CAD 0.68
Announcement Date: 01/09/2011
Record Date: 03/10/2011
Dividend Detail:
TORONTO, Sept. 1, 2011 /CNW/ - The Toronto-Dominion Bank (the Bank)
today announced that a dividend in an amount of sixty-eight cents (68
cents) per fully paid common share in the capital stock of the Bank has
been declared for the quarter ending October 31, 2011, payable on and
after October 31, 2011, to shareholders of record at the close of
business on October 5, 2011. This represents an increase in the
quarterly dividend of 2 cents or 3 per cent compared with last quarter.
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 determines whether the additional common shares
are purchased in the open market or issued by the Bank from
treasury. At this time, the Bank has decided to continue to issue shares from treasury, at a 1%
discount from the Average Market Price (as defined in the Plan) until
such time as the Bank elects otherwise.
Any registered holder of record wishing to join the Plan can obtain an
Enrolment Form from CIBC Mellon Trust Company (1-800-387-0825) or on
the Bank's website, www.td.com/investor/drip.jsp. Beneficial or non-registered holders of the Bank's common shares must
contact their financial institution or broker to participate.
In order to participate in time for this dividend, Enrolment Forms for
registered holders must be in the hands of CIBC Mellon Trust Company at
P.O. Box 7010, Adelaide Street Postal Station, Toronto, Ontario, M5C
2W9 before the close of business on October 4, 2011. Beneficial or
non-registered holders must contact their financial institution or
broker for instructions on how to participate in advance of the above
date.
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 October 31, 2011, to shareholders of
record at the close of business on October 11, 2011:
Series M, in an amount per share of $0.29375;
Series N, in an amount per share of $0.2875;
Series O, in an amount per share of $0.303125;
Series P, in an amount per share of $0.328125;
Series Q, in an amount per share of $0.35;
Series R, in an amount per share of $0.35;
Series S, in an amount per share of $0.3125;
Series Y, in an amount per share of $0.31875;
Series AA, in an amount per share of $0.3125;
Series AC, in an amount per share of $0.35;
Series AE, in an amount per share of $0.390625;
Series AG, in an amount per share of $0.390625;
Series AI, in an amount per share of $0.390625; and
Series AK, in an amount per share of $0.390625.
The Bank for the purposes of the Income Tax Act, Canada and any similar
provincial legislation advises that the dividend declared for the
quarter ending October 31, 2011, and all future dividends will be
eligible dividends unless indicated otherwise.