Love Dividends? Toronto-Dominion Bank (NYSE:TD) Stock Could Be a Reliable Bet
Investors seeking worry-free income should consider high-quality dividend-paying stocks. While several companies pay a reliable dividend, we’ll restrict ourselves to Toronto-Dominion Bank (NYSE:TD)(TSE:TD) in this article. Investors should rely on this Canadian banking giant because of its solid track record of dividend payments, growth and ability to grow earnings. It’s worth highlighting that Toronto-Dominion Bank has been uninterruptedly paying dividends for 164 years. Furthermore, its dividends have increased at a CAGR of 11% since 1996. TD’s dividends are supported by its growing earnings base. Notably, Toronto-Dominion Bank’s adjusted earnings have increased at a CAGR of 9.5% in the past five years.
Love Dividends? Toronto-Dominion Bank (NYSE:TD) Stock Could Be a Reliable Bet
Investors seeking worry-free income should consider high-quality dividend-paying stocks. While several companies pay a reliable dividend, we’ll restrict ourselves to Toronto-Dominion Bank (NYSE:TD)(TSE:TD) in this article. Investors should rely on this Canadian banking giant because of its solid track record of dividend payments, growth and ability to grow earnings. It’s worth highlighting that Toronto-Dominion Bank has been uninterruptedly paying dividends for 164 years. Furthermore, its dividends have increased at a CAGR of 11% since 1996. TD’s dividends are supported by its growing earnings base. Notably, Toronto-Dominion Bank’s adjusted earnings have increased at a CAGR of 9.5% in the past five years.