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UPDATE: TD Bank Posts 1.6% Rise In Q4 Profit, Lifts Dividend

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Toronto-Dominion Bank (NYSE: TD) reported a 1.6% rise in its fourth-quarter profit and lifted its dividend by 1.2%.

TD's quarterly earnings surged to C$1.62 billion ($1.52 billion), or C$1.68 per share, versus a year-ago profit of C$1.60 billion, or C$1.66 per share.

Excluding one-time items, it earned C$1.90 per share, versus analysts' estimates of C$1.99 per share.

TD shares closed at $89.64 yesterday.

Posted-In: profitEarnings News Dividends

 

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