Rank Toronto-Dominion Bank Preferreds

This compare tool allows you to Rank Toronto-Dominion Bank Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Toronto-Dominion Bank preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

Toronto-Dominion Bank Brief Overview

Visit the Toronto-Dominion Bank company website to see the preferred share prospectus, news and other information.

Sector: Financial Services

Core businesses and operations:

  1. Offers Canadian retail banking, U.S. retail banking, and wholesale banking
  2. A top 10 North American bank. Offers a full range of financial products and services to more than 25 million customers worldwide
  3. More than 12 million active online and mobile customers.
Toronto-Dominion is one of Canadas two largest banks.

All TD preferreds are subject to Automatic Conversion to Common Stock. Here is a sample for the series 14 preferreds.
Upon the occurrence of a Trigger Event (as defined herein), each Series 14 Share and/or Series 15 Share will be automatically and immediately converted, on a full and permanent basis, without the consent of the holders thereof, into that number of fully-paid common shares of the Bank (“Common Shares�) determined by dividing the Share Value (as defined herein) in respect of such Series 14 Shares and/or Series 15 Shares by the Conversion Price (as defined herein) (a “Contingent Conversion�). Investors should therefore carefully consider the disclosure with respect to the Bank, the Series 14 Shares, the Series 15 Shares, the Common Shares and the consequences of a Trigger Event included and incorporated by reference in this Prospectus Supplement.

The latest information and statistics on their common stock TD, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2021APR30. Dividend Payment Schedule: 2021JAN31 , 2021APR30 , 2021JUL31 , 2021OCT31

Ex Dividend Date Schedule: 2021JAN09 , 2021APR09 , 2021JUL09 , 2021OCT09

 

Toronto-Dominion Bank Credit Rating

The latest credit rating for Toronto-Dominion Bank are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
AA-BBBAAPfd-2

Toronto-Dominion Bank Common Share Metrics

Symbol: TSE:TDCurrency: CADMarket Cap: $119,513,955,755Price: $82.31
P/E: 12.52P/B: 1.79Dividend: $0.79Yield: 3.84%
Beta: 0.7800

Toronto-Dominion Bank Overall Preferred Share Metrics

I have reviewed the full set of Toronto-Dominion Bank preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "Toronto-Dominion Bank". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


Preferred issues: 12Lowest Current Yield: TD.PF.D @ 3.34%Highest Current Yield: TD.PF.G @ 5.52%Average Current Yield: 4.45%
5 Year Reset issues: 125YR Reset Lowest Reset Yield: TD.PF.C @ 3.54%5YR Reset Highest Reset Yield: TD.PF.G @ 5.63%5YR Reset Average Reset Yield: 4.08%
Lowest Rate Increase Percent: TD.PF.M @ -4.000%Highest Rate Increase Percent: TD.PF.B @ 11.00%Average Rate Increase Percent: 2.66%
Market Cap at Market Value: 5,520,280,000Market Cap at Face Value: 5,650,000,000Discount Amount: 129,720,000Discount Percent: 2.30%
Percent of Total Market Cap at Market Value: 7.54%Percent of Total Market Cap at Face Value: 6.64%



 
 

Rank Toronto-Dominion Bank Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend). A (What If) scenario. It represents the blended yield and dividend for the current issue. It should only be used as a reference. It is not meant to show actual returns for Yield/Dividend. This metric has merit only when applied across all issues being considered.
  4. Rate Increase Percent.
  5. Rate Increase To Value.
  6. New Spread increase.
  7. New Spread Value. This reflects the effect or the current price on the issue spread of the preferred. It shows the effective new spread of the share due to its drop or rise of its share value
  8. Short Position.
  9. Additional Features.
  10. Years To Double Initial Investment.
  11. Outstanding float. This is the outstanding float for this preferred.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield. Current yield of the common. Should be considered if preferred yield is lower.
Last Updated: Market Data Apr-19 18:00, Model Metrics Apr-19 19:29
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
TD.PF.A CA8911456900 $22.60$23.20$13.435yr + 2.24%04.05% $0.9156Toronto-Dominion_Bank_3.90%,_Series_1_-_NVCC_
TD.PF.B CA8911456744 $22.52$23.15$13.435yr + 2.27%04.09% $0.9202Toronto-Dominion_Bank_3.80%,_Series_3_-_NVC
TD.PF.C CA8911456587 $22.74$23.30$13.705yr + 2.25%04.26% $0.9692Toronto-Dominion_Bank_3.75%,_Series_5_-_NVC
TD.PF.D CA8911456330 $23.99$24.24$14.635yr + 2.79%03.34% $0.8003Toronto-Dominion_Bank_3.60%,_Series_7_-_NVC
TD.PF.E CA8911456173 $23.91$24.25$14.915yr + 2.87%03.39% $0.8105Toronto-Dominion_Bank_3.70%,_Series_9_-_NVC
TD.PF.G CA8911455753 $24.99$25.74$23.195yr + 4.66%05.52% $1.3800Toronto-Dominion_Bank_5.60%,_Series_12_-_NVC
TD.PF.H CA8911606652 $25.38$25.80$21.645yr + 4.12%04.77% $1.2100Toronto-Dominion_Bank_4.85%,_Series_14_-_NVC
TD.PF.I CA8911606405 $25.05$25.45$16.795yr + 3.01%04.51% $1.1300Toronto-Dominion_Bank_4.50%,_Series_16_-_NVCC
TD.PF.J CA8911606249 $24.72$25.00$15.905yr + 2.70%04.77% $1.1800Toronto-Dominion_Bank_4.70%,_Series_18_-_NVC
TD.PF.K CA8911605902 $24.51$24.59$15.745yr + 2.59%04.86% $1.1900Toronto-Dominion_Bank_4.75%,_Series_20_-_NVC
TD.PF.L CA8911605746 $25.80$26.29$19.305yr + 3.27%05.04% $1.3000Toronto-Dominion_Bank_5.2%,_Series_22_-_NVcC
TD.PF.M CA8911605415 $26.16$26.64$19.955yr + 3.56%04.87% $1.2750Toronto-Dominion_Bank_5.10%,_Series_24_-_NVC
 
 

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A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


Last Updated: Market Data Apr-19 18:00, Model Metrics Apr-19 19:29
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Yield To CallReset Date Y/M/DRate Increase percentRate Increase to valueNew Spread IncreaseNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentOutstanding FloatName
TD.PF.A CA8911456900 $22.60$23.20$13.435yr + 2.24%04.05% $0.915603.55% | $0.802003.90% $0.88 14@cy+6@ry6.72%2024oct31010%3.55%009%2.45%148,296Non-Cumulative ACTSWHC17.4520,000,000Toronto-Dominion_Bank_3.90%,_Series_1_-_NVCC_
TD.PF.B CA8911456744 $22.52$23.15$13.435yr + 2.27%04.09% $0.920203.59% | $0.809503.91% $0.88 13@cy+7@ry7.08%2024jul31011%3.60%009%2.49%23,044Non-Cumulative ACTSWHC17.2920,000,000Toronto-Dominion_Bank_3.80%,_Series_3_-_NVC
Rank Toronto-Dominion Bank Preferreds https://canadianpreferredshares.ca/rank-toronto-dominion-bank-preferreds/

Additional Information

Continue to Rank TD Bank Preferreds  page 2 of 3 where you can find

  1. What if “Yield Scenarios” for 5 year resets.
  2. Graph of all preferred share yields
  3. Prospectus Information