TD Dividend is 5.2% TD Bank stock
Unlike CIBC, shares of Toronto-Dominion Bank (TSX:TD) have dipped 8.3% so far in 2024 to currently trade at $78.48 per share with a market cap of $137.4 billion. This negative movement in TD Bank stock, however, has driven its dividend yield higher, making it an even more appealing buy for dividend-focused investors. At this market price, it has a strong 5.2% annualized dividend yield.