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TDb Split Corp. T.XTD

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

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 TMAZZ21on Jun 20, 2023 9:47am
151 Views
Post# 35504967

TDb Split Corp. Regular Monthly Dividend Declaration

TDb Split Corp. Regular Monthly Dividend Declaration

TDb Split Corp. Regular Monthly Dividend Declaration for Priority Equity Share

Tuesday, June 20, 2023, 9:00 AM ET
 

TDb Split Corp. Regular Monthly Dividend Declaration for Priority Equity Share

TORONTO, June 20, 2023 (GLOBE NEWSWIRE) -- TDb Split Corp. ("TDb Split") declares its regular monthly distribution of $0.04375 for each Priority Equity share ($0.525 annually). Distributions are payable July 10, 2023 to shareholders on record as at June 30, 2023.

There will not be a distribution paid to the Class A Shares for June 30, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $12.50.
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