TDb Split (TSX:XTD) Dividend Payout Ratio : 0.33 (As of Nov. 2023)

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What is TDb Split Dividend Payout Ratio?

TDb Split's dividend payout ratio for the months ended in Nov. 2023 was 0.33.

The historical rank and industry rank for TDb Split's Dividend Payout Ratio or its related term are showing as below:

During the past 13 years, the highest Dividend Payout Ratio of TDb Split was 1.18. The lowest was 0.21. And the median was 0.32.

TSX:XTD's Dividend Payout Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.78
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-12), the Dividend Yield % of TDb Split is 7.54%.

During the past 13 years, the highest Trailing Annual Dividend Yield of TDb Split was 47.24%. The lowest was 2.74%. And the median was 10.09%.

TDb Split's Dividends per Share for the months ended in Nov. 2023 was C$0.10.

During the past 12 months, TDb Split's average Dividends Per Share Growth Rate was -41.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TDb Split was 32.60% per year. The lowest was -37.00% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

TDb Split Dividend Payout Ratio Historical Data

The historical data trend for TDb Split's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TDb Split Dividend Payout Ratio Chart

TDb Split Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

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1.18

0.21

TDb Split Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.07	0.33	-	-	0.33

Competitive Comparison of TDb Split's Dividend Payout Ratio

For the Asset Management subindustry, TDb Split's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TDb Split's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TDb Split's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TDb Split's Dividend Payout Ratio falls into.

TDb Split Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

TDb Split's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	0.35	/	-1.38
	=	N/A

TDb Split's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2023 )	/	EPS without NRI (Q: Nov. 2023 )
	=	0.1	/	0.305
	=	0.33

TDb Split (TSX:XTD) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

TDb Split Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of TDb Split's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

TDb Split (TSX:XTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TDb Split Corp (TSX:XTD) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

XTD.PR.A.PFD:Canada

Address

200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2

Website

http://www.TDbSplit.com

TDb Split Corp is a mutual fund company that invests in common shares of The Toronto-Dominion Bank. It offers two types of shares Priority Equity Shares and Class A Shares. The company's investment objective for the Priority Equity Shares is to provide holders of Priority Equity Shares with cumulative preferential monthly cash dividends and its investment objective for the Class A Shares is to provide holders with regular monthly cash dividends.

TDb Split (TSX:XTD) Headlines

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