TD BANK GROUP DECLARES DIVIDENDS
(all amounts in Canadian dollars)
TORONTO – December 4, 2025 -
The Toronto
-Dominion Bank (the "Bank") today announced that it has
moved from an
annual dividend review cycle to a semi-annual cycle
to support the alignment of shareholder return with earnings
growth,
and a dividend in an amount of one dollar and eight cents
($1.08) per fully paid common share in the capital
stock of the
Bank has been declared for the quarter ending January 31,
2026, payable on and after January 31, 2026, to shareholders
of record at the close of business on January 9, 2026.
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 January 31, 2026 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/ca/en/about
-td/for-investors/investor-
relations/share-information/dividends.
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 January 9, 2026.
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 January
31, 2026 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 January
9, 2026.
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 January
31, 2026 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
January 9, 2026.
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 January 31,
2026, to shareholders of record at the close of business
●
Series 1, in an amount per share of $0.310625;
●
Series 16, in an amount per share of $0.3938125; and
●
Series 18, in an amount per share of $0.3591875.
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 January 31, 2026 and
all future dividends will be eligible dividends unless indicated
otherwise.
About TD Bank Group
The Toronto
-Dominion Bank and its subsidiaries are collectively
known as TD Bank Group ("TD" or the "Bank").
TD is the
sixth largest bank in North America by assets and serves
over 28.1 million clients in four key businesses operating
in a
number of locations in financial centres around the globe:
Canadian Personal and Commercial Banking, including
TD
Canada Trust and TD Auto Finance Canada;
U.S. Retail, including TD Bank, America's Most Convenient
Bank®, TD Auto
Finance U.S., and TD Wealth (U.S.); Wealth
Management and Insurance, including TD Wealth
(Canada), TD Direct
Investing, and TD Insurance; and Wholesale Banking,
including TD Securities and TD Cowen. TD also ranks among
North America's leading digital banks, with more than 13 million mobile
active users in Canada and the U.S. TD had $2.1
trillion in assets on October 31, 2025. The Toronto
-Dominion Bank trades under the symbol "TD" on the Toronto
Stock