TD - <span class="simulate_din_font">TD Bank Group Declares Dividends</span> (CAD 0.72)

Company: Toronto-Dominion Bank
Stock Name: TD
Amount: CAD 0.72
Announcement Date: 24/05/2012
Record Date: 03/07/2012

Dividend Detail:

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(all amounts in Canadian dollars)

TORONTO, May 24, 2012 /CNW/ - The Toronto-Dominion Bank (the Bank) today
announced that a dividend in an amount of seventy-two cents (72 cents)
per fully paid common share in the capital stock of the Bank has been
declared for the quarter ending July 31, 2012, payable on and after
July 31, 2012, to shareholders of record at the close of business on
July 5, 2012.

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 700, Postal Station B, Montreal, Qu��bec, H3B 3K3 before the
close of business on July 4, 2012.�� 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 July 31, 2012, to shareholders of record
at the close of business on July 9, 2012:

• 
  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 July 31, 2012, and all future dividends will be eligible
dividends unless indicated otherwise.

*Canadian Stock Transfer Inc. acts as administrative agent for CIBC
Mellon Trust Company.

For further information:

Annette Galler
Senior Legal Officer, Corporate
Legal Department - Shareholder Relations
(416) 944-6367
Toll free 1-866-756-8936

Stephen Knight
Media Relations, Corporate & Public Affairs
(416) 983-5804