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There's an industry-leading company that’s been paying dividends for more than 160 years – Toronto-Dominion Bank, ticker symbol TD.
Anybody who was alive when TD Bank first started paying out a dividend has been dead for at least 50 years now. And over the last quarter-century-plus, the company has grown its dividend at an 11% annual clip.
And as reliable as its dividend has been, there’s more to Toronto-Dominion than its 3.7% yield. TD is Canada’s largest bank by assets; it’s been identified as the safest bank in North America; and it’s a major player in the discount-brokerage industry.
Oh, and it’s established such a presence in the United States that it bills itself as “America’s Most Convenient Bank.”
Let’s talk about Toronto-Dominion Bank’s history … its business model … why we recently bought it as a long-term investment … and how it might appeal to Dividend Growth investors.
Check out the video for the full details.
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#SafestBank #DividendGrowth #Dividends $TD
LEGAL DISCLAIMER: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose your entire investment. If your money is not FDIC insured, it may decline in value. Mike is not a licensed financial advisor, tax professional, or stockbroker and he does not purport to be. Links above may include affiliate commissions paid to the owners of Dividends and Income and help support this channel.
Why I Just Bought Shares of the "Safest" Bank in North America
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