Latest news with #TorontoDominionBank
Bloomberg
an hour ago
- Business
- Bloomberg
TD Orders Staff Back to Office Four Days a Week Later This Year
Toronto-Dominion Bank became the latest Canadian bank to inform employees on hybrid work arrangements they'll be expected in the office four days a week later this year, according to an internal memo. Canada's second-largest bank said executive-level employees will be required to work from the office four days a week by Oct. 6 while others will be asked to do the same by Nov. 3. The memo, from Chief Human Resources Officer Melanie Burns, was sent to staff Wednesday.
Globe and Mail
a day ago
- Business
- Globe and Mail
Seven stocks with growing dividends that will benefit from rate cuts
What are we looking for? Canadian dividend-growing stocks that will benefit from future Bank of Canada interest rate cuts. The screen After holding its policy rate steady at 2.75 per cent in June, the Bank of Canada may be compelled to cut rates later this year. With inflation cooling and economic growth under threat from U.S. tariffs, some major banks such as Toronto-Dominion Bank (TD-T) are forecasting two rate cuts by year end. Falling rates tend to boost demand for income-generating assets, making this an opportune moment to revisit dividend stocks. Lower bond yields push investors toward equities that pay steady and growing dividends. Using FactSet's screening tool, I identified Canadian dividend growers with a proven track record by applying the following criteria: The seven companies that passed were ranked by their dividend yield. What we found CT Real Estate Investment Trust (CRT-UN-T), a Canadian REIT with a portfolio of essential properties that includes Canadian Tire, ranked first on our screen with a 6-per-cent dividend yield and a conservative payout ratio of 49.6 per cent. Its properties maintain a strong occupancy rate above 99 per cent, adding a layer of predictability to its robust cash flows. Recent financing moves, including a $200‑million debenture offering, help support further development initiatives. With long-term leases, minimal tenant turnover risk and rates poised to drop, CT REIT is well positioned as a dependable income name in a lower-rate environment. Investors should stay tuned for further updates on CT REIT's earnings call on Aug. 6. Cogeco Communications Inc. (CCA-T), a telecom and broadband provider that operates across Canada and the United States, offers a 5.6-per-cent dividend yield and low payout ratio of 43.4 per cent. Despite reporting a recent 2.7-per-cent decline in quarterly revenues year-over-year, the company delivered a 63-per-cent surge in free cash flow driven by lower capital expenditures and restructuring costs. That said, Cogeco's core business is cable, which is in a long-term decline. It's a steady, income-focused name that may appeal more to conservative investors in a falling-rate environment. The information in this article is not investment advice. The author assumes no liability for any consequence relating directly or indirectly to any action or inaction taken based on the information contained above. Arjun Deiva, CFA, is an MBA Candidate at the University of California, Berkeley, Haas School of Business.
Bloomberg
5 days ago
- Business
- Bloomberg
TD Bank Needs to Turn on Earnings ‘Afterburners' to Extend Winning Streak
Toronto-Dominion Bank 's stock surge is sustainable, market watchers believe, but only if the bank sends the right message to shareholders and delivers solid earnings for the rest of the year. The firm spent years in the penalty box under the shadow of US investigations that culminated in fines of more than $3 billion and a cap on its American retail banking business last October. Its stock slumped even further when it suspended its financial guidance less than two months later.
Yahoo
13-07-2025
- Business
- Yahoo
3 No-Brainer Dividend Stocks to Buy With $200 Right Now
Dividend stocks are favored by plenty of investors -- and why not? No matter where you are on your investing journey, you could use some solid dividend stocks in your portfolio. If you're a newer investor and still have years until retirement, then owning stocks that pay a consistent dividend is a great way to turbocharge your returns. Simply reinvest your quarterly or monthly payout into your portfolio and take advantage of the magic of compounded returns. And if you're in retirement, dividend stocks provide a reliable income stream that you can use for monthly bills, all the while reducing the amount that you're withdrawing from your account for basic living expenses. Dividend stocks can be the secret ingredient to making your retirement years happy and prosperous. Of course, finding the best dividend stocks can sometimes be challenging. For this exercise, I used a stock screener to help me narrow the field. Because I wanted established companies, I limited the screen to companies with a market capitalization of $1 billion or more. Then I screened for companies reporting revenue growth of at least 20% and a year-to-date increase of at least 10% in price. Finally and most importantly, I limited the screen to stocks that pay a dividend yield of at least 1.75%. Toronto-Dominion Bank (NYSE: TD), Carlyle Group (NASDAQ: CG), and Equitable Holdings (NYSE: EQH) are among the top names that I found. And best of all, you can own a share of each of them for just $200 total. Toronto-Dominion Bank is the parent company of TD Bank, which in the U.S. operates from the Northeast to Florida. The bank is one of the biggest in Canada and the sixth-largest in North America by assets, and has nearly 28 million customers. Earnings for the second quarter were CA$22.9 billion ($16.7 billion), up a whopping 66% on a year-to-date basis thanks to the company's sale of its 10% stake of Charles Schwab for $14.6 billion. The transaction came after TD Bank undertook a strategic review following a $3.1 billion fine it paid in 2024 in a money laundering investigation that also saw U.S. regulators impose an asset cap of $434 billion that restricts future growth in the U.S. For shareholders, the money laundering fine was a disaster, but the company is on its way to recovery. It took CA$8 billion ($5.9 billion) from the Schwab sale for a stock buyback campaign that solidified TD Bank's stock price. The stock is up 39% so far this year, rising sharply since April, and 14 of 16 analysts who cover the stock on Yahoo! Finance have either a buy or hold recommendation. Investors can also take comfort in knowing that Toronto-Dominion stock provides a 4.1% dividend yield and still trades 13% off its all-time high. So there's still plenty of room for growth. Carlyle Group is a global investment firm that had $453 billion of assets under management at the end of Q1, up 6% from a year ago. The company manages investments through private equity funds, assets, and by investing (or buying) companies that it can improve and sell for a profit or run efficiently. Carlyle has a record of investing in more than 20,000 companies since its founding, and it currently has more than 425 active investments. Revenue in Q1 was $973.1 million, up from $688.4 million a year ago. Net income was $130 million, which was nearly double from the $65.1 million the company posted in 2024's Q1. Carlyle Group also pays a dividend yield of 2.7%. The stock is up 16% so far this year. Equitable is a New York-based insurance and financial services company that works with individuals and small businesses. The company says it has more than 3 million clients and just over $1 billion in assets under management, up from $975 million a year ago. It has a primary focus on retirement planning. Its insurance portfolio focuses on full life and term life policies, as well as long-term care. It also has asset management and wealth management products. Equitable stock is up 13% so far this year and provides a dividend of 1.7%. Before you buy stock in Toronto-Dominion Bank, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Toronto-Dominion Bank wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Charles Schwab is an advertising partner of Motley Fool Money. Patrick Sanders has no position in any of the stocks mentioned. The Motley Fool recommends Charles Schwab and recommends the following options: short June 2025 $85 calls on Charles Schwab. The Motley Fool has a disclosure policy. 3 No-Brainer Dividend Stocks to Buy With $200 Right Now was originally published by The Motley Fool
Globe and Mail
13-07-2025
- Business
- Globe and Mail
3 No-Brainer Dividend Stocks to Buy With $200 Right Now
Dividend stocks are favored by plenty of investors -- and why not? No matter where you are on your investing journey, you could use some solid dividend stocks in your portfolio. If you're a newer investor and still have years until retirement, then owning stocks that pay a consistent dividend is a great way to turbocharge your returns. Simply reinvest your quarterly or monthly payout into your portfolio and take advantage of the magic of compounded returns. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » And if you're in retirement, dividend stocks provide a reliable income stream that you can use for monthly bills, all the while reducing the amount that you're withdrawing from your account for basic living expenses. Dividend stocks can be the secret ingredient to making your retirement years happy and prosperous. Of course, finding the best dividend stocks can sometimes be challenging. For this exercise, I used a stock screener to help me narrow the field. Because I wanted established companies, I limited the screen to companies with a market capitalization of $1 billion or more. Then I screened for companies reporting revenue growth of at least 20% and a year-to-date increase of at least 10% in price. Finally and most importantly, I limited the screen to stocks that pay a dividend yield of at least 1.75%. Toronto-Dominion Bank (NYSE: TD), Carlyle Group (NASDAQ: CG), and Equitable Holdings (NYSE: EQH) are among the top names that I found. And best of all, you can own a share of each of them for just $200 total. Toronto-Dominion Bank Toronto-Dominion Bank is the parent company of TD Bank, which in the U.S. operates from the Northeast to Florida. The bank is one of the biggest in Canada and the sixth-largest in North America by assets, and has nearly 28 million customers. Earnings for the second quarter were CA$22.9 billion ($16.7 billion), up a whopping 66% on a year-to-date basis thanks to the company's sale of its 10% stake of Charles Schwab for $14.6 billion. The transaction came after TD Bank undertook a strategic review following a $3.1 billion fine it paid in 2024 in a money laundering investigation that also saw U.S. regulators impose an asset cap of $434 billion that restricts future growth in the U.S. For shareholders, the money laundering fine was a disaster, but the company is on its way to recovery. It took CA$8 billion ($5.9 billion) from the Schwab sale for a stock buyback campaign that solidified TD Bank's stock price. The stock is up 39% so far this year, rising sharply since April, and 14 of 16 analysts who cover the stock on Yahoo! Finance have either a buy or hold recommendation. Investors can also take comfort in knowing that Toronto-Dominion stock provides a 4.1% dividend yield and still trades 13% off its all-time high. So there's still plenty of room for growth. Carlyle Group Carlyle Group is a global investment firm that had $453 billion of assets under management at the end of Q1, up 6% from a year ago. The company manages investments through private equity funds, assets, and by investing (or buying) companies that it can improve and sell for a profit or run efficiently. Carlyle has a record of investing in more than 20,000 companies since its founding, and it currently has more than 425 active investments. Revenue in Q1 was $973.1 million, up from $688.4 million a year ago. Net income was $130 million, which was nearly double from the $65.1 million the company posted in 2024's Q1. Carlyle Group also pays a dividend yield of 2.7%. The stock is up 16% so far this year. Equitable Holdings Equitable is a New York-based insurance and financial services company that works with individuals and small businesses. The company says it has more than 3 million clients and just over $1 billion in assets under management, up from $975 million a year ago. It has a primary focus on retirement planning. Its insurance portfolio focuses on full life and term life policies, as well as long-term care. It also has asset management and wealth management products. Equitable stock is up 13% so far this year and provides a dividend of 1.7%. Should you invest $1,000 in Toronto-Dominion Bank right now? Before you buy stock in Toronto-Dominion Bank, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Toronto-Dominion Bank wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Charles Schwab is an advertising partner of Motley Fool Money. Patrick Sanders has no position in any of the stocks mentioned. The Motley Fool recommends Charles Schwab and recommends the following options: short June 2025 $85 calls on Charles Schwab. The Motley Fool has a disclosure policy.
