Cash Dividend On The Way From Toronto Dominion Bank's Class A First Preferred Shares, Series Q

On 10/4/13, Toronto Dominion Bank's Class A First Preferred Shares, Series Q (Toronto: TD-PRQ) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 10/31/13. As a percentage of TD.PRQ's recent share price of $26.17, this dividend works out to approximately 1.34%, so look for shares of TD.PRQ to trade 1.34% lower -- all else being equal -- when TD.PRQ shares open for trading on 10/4/13. On an annualized basis, the current yield is approximately 5.35%.