Reported about 11 hours ago
Toronto-Dominion Bank (TD), known for its robust 5.2% dividend yield, has seen its stock plummet due to regulatory issues in its U.S. operations. Despite current challenges, including fines and halted expansion plans, TD's strong Canadian foundation and historical resilience suggest that this is a temporary setback. Investors who recognize the potential for recovery may benefit significantly from purchasing its undervalued stock now, as the bank has maintained its dividend since 1857, demonstrating its capacity to weather economic storms.
Source: YAHOO