Toronto Dominion Bank (TD) Dividend Coverage Ratio (2009 - 2026)
Toronto Dominion Bank's Dividend Coverage Ratio came in at 2.34 for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 35.7% from 1.72 a year earlier and up 117.0% from the prior quarter.
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Analysis
Toronto Dominion Bank (TD) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Toronto Dominion Bank reported Dividend Coverage Ratio of 1.99, down 25.6% year-over-year; for FY2025 (ended Oct 31, 2025), it was 2.61, up 124.4% from FY2024.
- Going back by fiscal year, Dividend Coverage Ratio was 1.16 in FY2024 (-32.8%), 1.73 in FY2023 (-32.9%), 2.58 in FY2022 (-0.6%) and 2.59 in FY2021.
- The five-year range for quarterly Dividend Coverage Ratio is -0.15 (fiscal Q3 2024) to 27.96 (fiscal Q1 2026).
- Year-over-year, Dividend Coverage Ratio increased in three of the last six quarters, with growth averaging 47.2%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in fiscal Q2 2025 (growth of 323.4%), and the weakest in fiscal Q2 2026 (a decline of 80.1%).
- Business Quant data shows TD's Dividend Coverage Ratio at 1.08 (Q2 2026), 27.96 (Q1 2026) and 1.57 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.75 |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 4.51 |
| 10 | Toronto Dominion Bank | 198.58 Bn | -473.92 Bn | - | 2.34 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.34 |
| Apr 30, 2026 | 1.08 |
| Jan 31, 2026 | 27.96 |
| Oct 31, 2025 | 1.57 |
| Jul 31, 2025 | 1.72 |
| Apr 30, 2025 | 5.42 |
| Jan 31, 2025 | 1.51 |
| Oct 31, 2024 | 1.87 |
| Jul 31, 2024 | -0.15 |
| Apr 30, 2024 | 1.28 |
| Jan 31, 2024 | 1.58 |
| Oct 31, 2023 | 1.50 |
| Jul 31, 2023 | 0.97 |
| Jan 31, 2023 | 1.33 |
| Oct 31, 2022 | 3.04 |
| Oct 31, 2021 | 2.74 |
| Apr 30, 2021 | 1.58 |
| Jan 31, 2021 | 2.32 |
| Jul 31, 2009 | 2.14 |
| Apr 30, 2009 | 1.15 |
API Access
Toronto Dominion Bank Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "TD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();