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The Toronto-Dominion Bank Message Board

  • mroleandn2000 mroleandn2000 Nov 22, 2013 4:03 AM Flag

    Re: TD vs. BNS

    For the record, I own both these stocks and have for some time.

    An interesting turn of events has just occurred with these two stocks: if you're familiar with, and participate in DRIPs, TD has just dropped their 1% discount-to-market share issuance policy under the DRIP (ie. no discount of purchased shares from dividend proceeds), whereas BNS has continues with their 2% discount-to-market of purchased shares from dividend proceeds. I wasn't happy to learn of TD dropping their 1% DRIP incentive and found out about it on my own, there was no news release or letter from investor relations regarding TD dropping their 1% discount to DRIP participants.

    Just the facts, ma'am, just the facts..................

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