Toronto-Dominion Bank (TD) Could Be a Great Choice

Core Viewpoint - Income investors prioritize generating consistent cash flow, primarily through dividends, which are significant contributors to long-term returns [1][2]. Company Overview - Toronto-Dominion Bank (TD) is based in Toronto and operates in the Finance sector, with a year-to-date share price change of 0.08% [3]. - The company currently pays a dividend of $0.79 per share, resulting in a dividend yield of 3.34%, which is higher than the Banks - Foreign industry's yield of 2.62% and the S&P 500's yield of 1.37% [3]. Dividend Performance - TD's annualized dividend of $3.15 has increased by 5.5% from the previous year, with an average annual increase of 5.24% over the last five years [4]. - The current payout ratio for TD is 48%, indicating that it pays out 48% of its trailing 12-month earnings per share as dividends [4]. Earnings Expectations - The Zacks Consensus Estimate for TD's earnings in 2026 is $6.42 per share, reflecting an expected increase of 7.36% from the previous year [5]. Investment Considerations - TD is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 2 (Buy) [6].