TORONTO-DOMINION BANK, $86.37, Toronto symbol TD, remains a buy for patient, income-seeking investors. The bank last increased your dividend by 2.9% with the January 2025 payment, to $1.05 a share from $1.02. The new annual rate of $4.20 yields a solid 4.9%. TD recently settled charges over lapses in the anti-money laundering processes at its U.S. retail banking operations. As a result, it paid a fine of $3.09 billion U.S. The settlement also imposed an asset cap on TD’s U.S. retail banking operations. That will prevent TD from opening new branches, making acquisitions or expanding its loan portfolios without the permission of regulators. In response, the bank now plans to reduce its U.S. assets by about 10%. Under that plan, it will close 38 branches across 10 states and Washington, D.C. It will still have over 1,000 locations in U.S., mainly in the Northeast and Atlantic Seaboard. TD is also selling its entire 10.1% stake in Charles Schwab Corp. (New York SCHW) for about $14…