Toronto Dominion Bank (TD) Dividend Coverage Ratio (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Dividend Coverage Ratio came in at 2.34 in Q3 2026, up 35.74% on a YoY basis from 1.72 in Q3 2025, and up 117.02% quarter-over-quarter from 1.08 in Q2 2026.
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Toronto Dominion Bank (TD) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has reported Dividend Coverage Ratio for 15 consecutive years, with 2.34 the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Dividend Coverage Ratio rose 35.74% year-over-year to 2.34; the trailing twelve-month figure through Jul 2026 stood at 1.99 (down 25.61% YoY), and the FY2025 full-year result was 2.61, up 124.41% from the prior year.
- Dividend Coverage Ratio improved to 2.34 in Q3 2026 per TD's latest filing, from 1.08 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 27.96 in Q1 2026 and bottomed at 0.15 in Q3 2024.
- Historically, Dividend Coverage Ratio has averaged 3.55 across 5 years, with a median of 1.57 in 2025.
- The sharpest annual moves came in 2024 and 2026: Dividend Coverage Ratio plunged 84.93% in 2024, then surged 1750.75% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 3.04 in 2022, then plunged by 50.72% to 1.5 in 2023, then climbed by 24.42% to 1.87 in 2024, then fell by 16.0% to 1.57 in 2025, then jumped by 49.08% to 2.34 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 2.34, 1.08, and 27.96 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 3.75 |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - | 3.24 |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - | 3.99 |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - | - |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - | 4.43 |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn | 4.68 |
| 8 | Banco Santander | 218.87 Bn | 226.49 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - | 2.34 |
| 10 | Schwab Charles | 189.00 Bn | 115.41 Bn | - | 4.17 |
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 | 2.68 |
| Jul 31, 2021 | 2.43 |
| Oct 31, 2017 | -2.45 |
| Oct 31, 2016 | -2.28 |
| Oct 31, 2015 | -2.01 |