TD Beats Estimates, Raises Dividend as Profit Falls on Restructuring Charge

TD Bank raises dividend despite Q4 profit drop to $3.28B

TD Bank Group raised its dividend as it reported its fourth-quarter profit fell compared with a year ago, weighed down by one-time restructuring charges.

TD beats estimates, raises dividend as profit falls on restructuring charge

Bank’s quarterly profit slumped 10% to $3.3-billion, after booking a $190-million charge related to its AML remediation efforts

TD Bank reports $3.28B fourth-quarter profit, raises dividend

TORONTO — TD Bank Group raised its dividend as it reported its fourth-quarter profit fell compared with a year ago, weighed down by one-time restructuring charges. The bank says it will pay a quarterly dividend of $1.08 per share, up from $1.