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TDb Split Corp. T.XTD

Alternate Symbol(s):  TDBSF | T.XTD.P.A

The investment objectives with respect to the Class A shares are as follows:1. to provide holders of Class A shares with regular monthly cash dividends in the amount of $0.05 per Class A share when the net asset value per unit exceeds $12.50; and 2. to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit. TDb Split Corp.


TSX:XTD - Post by User

Post by Betteryear2on Oct 20, 2021 9:27am
163 Views
Post# 34026314

Monthly Dividend Declaration for Class A & Preferred Share

Monthly Dividend Declaration for Class A & Preferred Share

TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- TDb Split Corp. ("TDb Split") declares its regular monthly distribution of $0.05000 for each Class A share ($0.60 annualized) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable November 10, 2021 to shareholders on record as at October 29, 2021.

Since inception, Class A shareholders have received a total of $6.90 per share and Preferred shareholders have received a total of $7.47 per share inclusive of this distribution, for a combined total of $14.37.

TDb Split invests in common shares of Toronto-Dominion Bank, a leading Canadian Financial institution.

https://www.globenewswire.com/news-release/2021/10/20/2317510/0/en/TDb-SPLIT-CORP-Regular-Monthly-Dividend-Declaration-for-Class-A-Preferred-Share.html

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