TD Stock Recent News

In the latest trading session, Toronto-Dominion Bank (TD) closed at $74.11, marking a -1.09% move from the previous day.

TD Bank has named independent director John MacIntyre as the new chair of its board, as the Canadian lender turns to a new guard to bolster oversight and reassure investors.

Canadian lender TD Bank said on Monday that John MacIntyre, currently serving as an independent director, will take over as chair of the board effective September 1.

TD Bank has directed employees to work in the office four days a week starting this fall, following other firms seeking to ditch remote work, according to a memo from the company.

TD Bank has asked employees to work from office four days a week starting this fall, according to a memo seen by Reuters on Wednesday.

TD Bank Group's TD Merchant Solutions will use payments and financial technology from Fiserv, including the point-of-sale system Clover, for its merchant business in Canada. That move is part of a new multi-year strategic managed services program agreement signed by the two companies, they said in a Wednesday (July 23) press release.

Investors interested in Banks - Foreign stocks are likely familiar with Toronto-Dominion Bank (TD) and ICICI Bank Limited (IBN). But which of these two stocks presents investors with the better value opportunity right now?

Toronto-Dominion Bank remains a buy for me due to its robust, diversified balance sheet and prudent loan management, providing resilience in volatile markets. The bank's strategic mix of fixed and variable-rate loans positions it well for both current uncertainty and future rate cycles, supporting stable margins and loan quality. Valuation remains attractive with a P/B below the five-year average and dividend growth potential, offering reasonable upside and solid yield for investors.

Toronto-Dominion Bank (TD) reached $74.43 at the closing of the latest trading day, reflecting a +1.16% change compared to its last close.

With markets at highs, I see potential for a rotation into value and high-yield dividend stocks as investors seek safety. I highlight four dividend stocks I'd hold for ten years purely for their yield, if needed, not for share price appreciation. The stocks are diversified across four industries and yield a combined 5.4%, with an extremely strong likelihood of small and continued dividend increases over the next decade.