Toronto Dominion Bank: TD.TO Historical Growth DATE 09-Jan-19 09-Apr-19 09-Jul-19 09-Oct-19 09-Jan-20 09-Apr-20 09-Jul-20 09-Oct-20 09-Jan-21 09-Apr-21 09-Jul-21 09-Oct-21 09-Jan-22 09-Apr-22 07-Jul-22 06-Oct-22 05-Jan-23 05-Apr-23 07-Jul-23 05-Oct-23 Column1 Quarterly Dividend 0.67 0.74 0.74 0.74 0.74 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.89 0.89 0.89 0.89 0.96 0.96 0.96 0.96 Column2 Average Growth Expected Dividend Share Price Expected Rate of Return Column1 Sustainable Growth Data: Annual Dividend 2.89 3.11 7.61 3.16 1.607717042 3.56 12.65822785 3.84 7.865168539 Column3 Result $ Column2 Annual Growth Column4 Documentation 7.44 AG=(AG1+AG2+AG3+AG4)/4 $8.10 D1=D0*(1+GR) 84.61 29-Dec-23 9.57% ER=ED/SP Column3 Net Income Book Value of Equity Dividend per Share Column4 $ $ $ 10,782,000.00 112,107,000.00 1,824,400.00 Earnings per Share $ 5.60 Calculations: Return on Equity Plowback Ratio Growth Rate Expected Dividend Share Price Expected Rate of Return 9.62% 6.774624374 65.16% 1.585493859 84.61 1.87% Documentation Source for dividends: yahoo finance Formula for annual growth: AG=[(RD-PD)*100]/PD Sample growth calculation: AG=[(3.16-3.11)*100]/3.11 Column5 AG=(7.61+1.607717042+12.65822785+7.865168539)/4 D1=0.96*(1+8.097867223) Yahoo Finance ER=8.097867223/84.61 Column5 Column6 09-Feb-24 Yahoo Finance 09-Feb-24 Yahoo Finance 09-Feb-24 Yahoo Finance 09-Feb-24 Yahoo Finance ROE=NI/ASE PR=RE/NI GR=ROE*PR D1=D0*(1+GR) ER=ED/SP ROE= 10782000/112107000 PR=73044000/10782000 GR=9.62%*6.774624374 D1=0.96*(1+0.6516) 29-Dec-23 Yahoo finance ER=1.585493859/84.61