TDb Split Corp. T.XTD

TDb Split Corp. Regular Monthly Dividend Declaration

[TMAZZ21]

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.

[pjn0987654321]

No payment to the Class A shares this time.   TD still needs to be around $82. 

[TheeRook]

If it is the same as other Quadravest Splits it only needs to be above the NAV for 1 day ,  5 days before the record date. So as in the news release, Class A gets paid their 5 cents. Also TD is over $82