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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

Comment by WinterBaronon May 15, 2020 1:18pm
340 Views
Post# 31034449

RE:Any advice on this?

RE:Any advice on this?Hard to say in terms of likely developments but my guess is:
When covid-19 is behind us or is at least deemed to be manageable there will be considerable federal inducement for major banks to significantly expand loan portfolios and increase investments in the domestic marketplace.
TD is strongly positioned to participate.
Therefore, I anticipate profit,  NAV etc. will return to strong levels sooner rather than later.
When?? Don't know.
Do expect a very strong Fall.
Your $5.58 is most likely secure but you will be watching it do very little for a few months.
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