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TDb Split Corp. T.XTD

Alternate Symbol(s):  TDBSF | T.XTD.PR.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

Bullboard Posts
Comment by spazzmanon Aug 06, 2011 11:21pm
160 Views
Post# 18912855

RE: TD strong, XTD not so much?

RE: TD strong, XTD not so much? The net asset value has dropped, as of July 31 $12.87  XTD does not pay a dividend once the n.a.v. has dropped below the $12.50 threshold.  All banks are getting hit as both US and global economies are tanking.  Canada is not immune to this slow down and our financial sector is dropping in turn.   With the US credit down grade I fear that the financial sectors will be hit yet again Monday.  The Dividend is at risk, I hope this crisis is short lived.


Bullboard Posts