Toronto-Dominion Bank: 3.8% yield Toronto-Dominion Bank ( TSX:TD )( NYSE:TD ) is the second-largest bank in Canada, with $1.03 trillion in total assets as of April 30, 2015. It pays a quarterly dividend of $0.51 per share, or $2.04 per share annually, giving its stock a 3.8% yield at current levels. The company has also increased its annual dividend payment for five consecutive years, and its financial stability could allow this streak to continue for decades. Which of these dividend stocks should you buy? North West Company, Canadian Energy Services & Technology, and Toronto-Dominion Bank represent three of the top dividend-paying investment options in the market today. Foolish investors should take a closer look and strongly consider establishing positions in at least one of them.