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Yahoo
4 days ago
- Business
- Yahoo
Here's How Many Shares of TD Bank You Need for $2,000 in Annual Dividends
Written by Jitendra Parashar at The Motley Fool Canada Toronto-Dominion Bank (TSX:TD) is not only one of the largest banks in Canada, but also one of the most reliable dividend stocks on the TSX. Over the years, TD has built a strong reputation for delivering consistent earnings, posting consistent growth, and rewarding its shareholders. That's why it remains one of the top holdings for many long-term Canadian investors. Whether you're just starting to build passive income or looking to grow an existing stream of cash flow, TD could be a dependable stock to consider. In this article, I'll break down exactly how many shares of TD Bank you would need to own today to earn $2,000 in annual dividends. But first, let's take a closer look at its recent financial growth trends and fundamental outlook. TD Bank stock has been on a consistent upward climb in 2025, outperforming most other bank stocks listed on the Toronto Stock Exchange. After surging 30% year to date, the stock currently trades at $98.84 per share with a market cap of $171.6 billion. At this market price, it also offers an attractive annualized dividend yield of 4.3%. This strong performance shouldn't be a surprise as investors have grown less concerned about the recent U.S. anti-money laundering probe, which the bank has already resolved. Also, TD's recent gains reflect optimism around falling interest rates in Canada, which tend to support lending activity and improve loan growth. In the second quarter of its fiscal year 2025 (ended in April), TD posted total revenue of $13.96 billion, up just over 1% YoY (year over year). However, its adjusted net profit slipped 4.8% YoY to $3.43 billion. In its latest earnings report, the bank noted that its U.S. segment remained under pressure, but Canadian personal and commercial banking continued to deliver strong results. Even with this short-term earnings softness, TD maintained a solid adjusted net profit margin of 24.5% in the quarter. When you're depending on consistent payouts, this level of stability really matters. What makes TD more than just a safe bet is its forward-thinking strategy. The bank is doubling down on its digital initiatives and boosting its Canadian operations with improved lending and deposit capabilities. It's also expanding credit card partnerships and focusing on higher-margin segments to offset pressure in the U.S. market. These moves signal that the bank isn't just trying to stay afloat but also actively building for better profitability and long-term growth. For income-focused investors, that makes TD stock even more appealing. COMPANY RECENT PRICE NUMBER OF SHARES QUARTERLY DIVIDEND / SHARE TOTAL YEARLY PAYOUT TD Bank $98.84 477 $1.05 $2,003.40 Prices as of June 25, 2025 With its current dividend yield, you'd need around 477 shares to generate $2,000 in annual dividend income. However, that will require you to invest $47,147 in TD Bank stock. That's not a small investment, but for long-term returns and peace of mind, it might just be worth it. That said, putting such a large amount into a single stock may not be the best idea for everyone. No matter how strong TD's fundamentals are, diversification is key to reducing risk. A well-balanced portfolio with other reliable dividend stocks could give you more stability and peace of mind, especially during uncertain market cycles. The post Here's How Many Shares of TD Bank You Need for $2,000 in Annual Dividends appeared first on The Motley Fool Canada. Before you buy stock in TD Bank, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and TD Bank wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has positions in Toronto-Dominion Bank. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CTV News
6 days ago
- Business
- CTV News
TD signs deal for naming rights for arena in Hamilton, Ont., to be called TD Coliseum
A person makes their way past a Toronto-Dominion Bank in the Financial District of Toronto, Monday, Aug. 14, 2023. THE CANADIAN PRESS/Spencer Colby HAMILTON — TD Bank Group has signed a multi-year deal for the naming rights for Oak View Group's arena project in Hamilton, Ont., that is expected to open later this year. The 18,000-seat sports and entertainment venue will be called TD Coliseum. Oak View Group is renovating what was called FirstOntario Centre. The $280-million project includes a new facade, premium seating, improved acoustics and sightlines, and upgraded concourses. Additional improvements include new artist lounges, upgraded production facilities, and electrical and lighting upgrades. Oak View Group owns sports and entertainment venues around the world. This report by The Canadian Press was first published June 25, 2025.
Toronto Sun
7 days ago
- Toronto Sun
Hamilton man, 53, charged with drug offences, more than $200K in cash seized
A five-month police investigation has led to four charges against a 53-year-old Hamilton man after multiple search warrants resulted in significant cash and drug seizures. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Hamilton cops said that on Jan. 27, a member of the public contacted them to report suspicious activity. A search warrant was then executed on April 17 at a condominium on Charlton Ave. E. and a related motor vehicle. The search resulted in the seizure of about $11,000, 121 g of cocaine worth an estimated $12,100, 24 g of fentanyl worth an estimated $4,800, 64 hydromorphone pills worth an estimated $1,000, 15 oxycodone pills worth an estimated $100, two cellphones and two TD Bank safety deposit box keys. Further searchs were executed and on April 30 a TD safety deposit box at 100 King St. W. was accessed, resulting in the seizure of about $100,000 in cash. Read More This advertisement has not loaded yet, but your article continues below. On May 1, a second safety deposit box at 550 Fennell Ave. E. was searched, yielding about $80,000 in cash. A court-authorized production order granted on May 12 identified a third safety deposit box and a final search warrant was executed May 28 at the same Fennell branch that led to the recovery of an additional $20,000. In total, the amount of cash seized during the investigation was $211,860.00. Mario Raffaelle Visocchi was charged with three counts of possession for the purpose of trafficking (fentanyl, cocaine and opioids) and one count of possession of proceeds of crime over $5,000. RECOMMENDED VIDEO Toronto Blue Jays Canada NHL Toronto & GTA World
Hamilton Spectator
7 days ago
- Hamilton Spectator
Hamilton police drug investigation leads to $200,000 in safety deposit boxes
Hamilton police seized more than $200,000 in cash, along with fentanyl and other drugs, during a five-month investigation. The central high enforcement action team (HEAT) led the investigation that began in late January after a concerned member of the public reported suspicious activity, police said in a news release Tuesday. On April 17, police search a condominium on Charlton Avenue East and a vehicle, leading to the seizure of: about $11,000 in cash; 121 grams of cocaine (estimated street value of $12,100); 24 grams of fentanyl (estimated street value of $4,800 or approximately 2,400 doses); 64 Dilaudid pills (estimated street value of $1,000); 15 Oxycodone pills (estimated street value of $100); two cellphones, and two TD Bank safety deposit box keys. Police then searched a TD safety deposit box at 100 King St. W. on April 30 where officers found $100,000 cash. The next day police searched a second safety deposit box at 550 Fennell Ave. E. where they found $80,000 in cash. A court order on May 12 led to a third safety deposit box being identified and later that month, on May 28, that box — also at the Fennell branch — was searched. Police found an additional $20,000. In all, police seized $211,860 in Canadian currency. A 53-year-old Hamilton man was arrested and charged with possession of fentanyl, cocaine and opioids for the purpose of trafficking, and possession of proceeds of crime over $5,000. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Forbes
23-06-2025
- Business
- Forbes
How Visa Is Using Data And AI To Transform The Digital Payments Industry
V Visa Credit Card Visa (NYSE: V), a world leader in digital payments, is using data and AI to transform the payments industry in ways that are aimed at creating new opportunities for the individuals, businesses, and economies it serves. An American multinational payment card services corporation, Visa was founded in 1958 and is headquartered in San Francisco, California. Today, Visa facilitates transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. I recently spoke with Visa chief data officer Andres Vives about how data and AI are transforming the payments industry and what the future will look like. Before joining Visa in July 2024, Vives served as enterprise chief data and analytics officer for TD Bank and at Citibanamex. Prior to this, Vives spent 15 years with Capital One in a series of roles including managing vice president and head of Big Data transformation. I first got to know Vives a few years ago when he joined me as a participant on a chief data officer (CDO) panel that I moderated at the MIT Chief Data Officer Symposium. At that time, Vives was in his CDO role at TD Bank. Discussing his role and mandate at Visa, Vives explains, 'As chief data officer, I am committed to making the most of our data assets.' He elaborates, 'My role is really about two things--finding creative ways to put our data to work for our clients and internal decision-makers and making sure we're always using our data responsibly to uphold our brand of trust.' Vives continues, 'I work closely with the product and technology teams to find the balance between innovation and trust.' He notes that 'In one year alone, one of our risk models helped to proactively block $40 USD billion in fraud.' Vives adds, 'An important part of my job is understanding the balance between measuring business value and uplifting the payments ecosystem.' Data, analytics, and AI are central to the business operations of Visa. Vives notes, 'Visa is inherently a data-driven company. We've invested $3.5B in AI and data infrastructure over the last ten years to ensure our network and solutions can advance at the pace at which AI is advancing.' He elaborates, 'Data is our biggest asset at Visa. We process more than 300B transactions a year - that's a lot of data crossing our network daily', says Vives. He continues, 'We see a tremendous amount of value in data and AI to improve the way we help consumers and businesses pay and be paid.' Vives adds, 'And without data, there is no AI.' Visa has been delivering secure, reliable data experiences for decades. Vives explains, 'It's the combination of innovative capabilities with rock-solid trust that has enabled us to partner with financial institutions for many years and now AI companies, delivering delightful, personalized experiences founded on consumer consent.' He continues, 'Everything we do at Visa revolves around trust.' Vives comments, 'If data is used responsibly, not only can we build products and solutions more efficiently, but we can also fuel better commerce interactions with our fraud prevention and identification solutions and create delightful shopping experiences for our consumers.' Using data and AI isn't a new concept for Visa. Vives notes, 'We were the first network to deploy AI-based technology for risk and fraud management, pioneering the use of AI models in payments security over 30 years ago.' The pace at which AI is evolving is now unlocking new ways to use data and AI within Visa for the benefit of its customer. Vives comments, 'We believe that we can build a better Visa through data, analytics and AI and it's not enough to have a great data and AI team.' It is necessary that all Visa employees have a data-driven mindset. Vives explains, 'We are democratizing data and AI across to fuel innovation for our clients and to empower our leaders and employees.' As an example of the Visa approach to AI, the company has given all employees access to secure instances of gen AI models like ChatGPT and Claude to drive higher productivity and help make more informed, data-driven decisions. Vives comments, 'Our data is super rich and through things like Data Tokens and personalization insights, we're helping to deliver the experiences that consumers have come to expect.' He adds, 'But here's what sets us apart - all these data-driven experiences we create are built on a foundation of trust.' Visa's payment technologies, including tokenization and authentication APIs, are helping enable transactions to be secure and seamless, providing confidence for consumers using AI to shop and buy. Visa Data Tokens, for example, securely enable the creation of insights throughout the consumer data lifecycle to power AI experiences. After consumers opt in to the experience, Visa issues a private Data Token to the merchant complete with AI-generated insights based on the consumer's transaction data. The data token can be used with the merchant's AI models to deliver real-time recommendations for the shopper, without compromising consumer data. Vives notes 'We're committed to doing this in a way that's completely transparent and with proper data consent.' Last month, Visa announced the release of its Intelligent Commerce initiative. In collaboration with Anthropic, IBM, Microsoft, Mistral AI, OpenAI, Perplexity, Samsung, and Stripe, among others, VISA announced that 'it is bringing the power of its network and decades-long expertise to bring trust and security to AI-driven commerce.' This new initiative opens Visa's payment network to developers and engineers that are building foundational AI agents that are transforming commerce. Visa Intelligent Commerce enables AI agents to find, shop, and buy for consumers based on their pre-selected preferences. Each consumer sets the limits, and Visa helps to manage the rest. Vives comments, 'Today's AI agents are pretty good at helping with product discovery, but they can't actually transact on your behalf. With Visa Intelligent Commerce, we're changing that.' Features of Visa Intelligent Commerce include: Vives comments, 'We are enabling AI commerce in a secure, transparent way by giving agents the ability to handle payments using the latest ecommerce standards like authentication and tokenization.' He continues, 'This isn't just another product. We've partnered with leading AI platforms to bring this to life, and we're helping the entire ecosystem build agents that are transacting safely.' Vives notes, 'The Intelligent Commerce Initiative will make shopping experiences more personal, more secure and more convenient as they become powered by AI.' Reflecting on the data and AI journey that Visa has undertaken, Vives comments, 'Data and AI are a part of Visa's DNA. Our founder Dee Hock had a vision for a world where money was simply alphanumeric data moving around the world at the speed of light.' He continues, 'We are, and we have to be, a purely data-driven company. We need to democratize our data not only for our clients but internally, so that it's both safe and fast.' Some of the ways in which data is being incorporated across all aspects of Visa's operations include: Looking ahead to the future, Vives explains, 'AI has been an integral part of Visa for over 30 years, and we continue to see the value and impact in our investments.' He continues, 'Today, our technology platform has more than 300 AI models live and running, spanning risk management, cybersecurity and operations, and our Visa Protect solutions help to prevent fraud across the entire payment journey.' Vives adds, 'Today our leaders uphold this vision, understanding that data and insights are what makes our business valuable, without compromising the care of consumer data.' Vives sums up the data and AI vision of Visa. 'Our goal is to ensure everyone across Visa can access data and analytics to harness the power of AI as it continues to evolve', says Vives. He continues, 'Looking forward, this is going to become even more important. We are committed to continue to be at the forefront of AI innovation.' Vives concludes, 'We win when VISA becomes a trusted partner to the entire ecosystem.'
