The Toronto-Dominion Bank ($TD) announced its next dividend of C$1.02 per share, a 6.25% increase over the company's previous payout of C$0.96.
DivGro's annual dividend income will increase by approximately $34.04 as a result (after accounting for the exchange rate).
The dividend is payable on 31 January 2024 to shareholders of record at the close of business on 10 January 2024. The ex-dividend date is 9 January 2024.
As with all foreign currency dividends, I'll update DivGro's projected annual dividend income [PADI] when the dividend is paid in January 2024.
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