Bullboard - Stock Discussion Forum TDb Split Corp. TDBSF

Primary Symbol: T.XTD Alternate Symbol(s): 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.

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Post by PressReleaseon Oct 18, 2024 9:00am

New Press Release - TDb Split Corp. Regular Monthly Dividend Declaration for Priority Equity Share

TORONTO, Oct. 18, 2024 (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 November 8, 2024 to shareholders on record as at October 31, 2024. There will not be a...read article.

Comment by marcroberton Oct 07, 2024 11:23am

RE:RE:Nav once a month - XTD

saw updated nav 30 sept, 12 bucks, less than a week to go to potential payout annoucement? right not sure why its rallying. what am i missing.?

Discussion

Comment by tinkvidon Sep 25, 2024 11:53am

RE:Nav once a month - XTD

Yeah, they are making bank, that's for sure. The month of June saw huge short position added for this stock the huge amount of shorts went on and I waited. Now there are only 900 shares short as ...more

Discussion

Post by marcroberton Sep 23, 2024 11:39am

Nav once a month - XTD

Not a bog fan of quadrasleep. I figured the nav would be updated at least weekly. I'm guessing it's monthly. symbolic of the amount of work these guys do to get their millions in fees ...more

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Discussion

Comment by tinkvidon Sep 23, 2024 9:25am

RE:RE:RE:RE:RE:RE:TD up, XTD not so much

Coincides with the TD Chart. Here's a look at the 3 month chart. I also think TD was active in their share Buyback program. XTD chart lag affect starting to wear off and heading higher. IMO

Discussion

Comment by TheeRookon Sep 22, 2024 9:06pm

RE:RE:RE:RE:RE:TD up, XTD not so much

26% Drop in Cash weighting Looks like XTD was buying the dip in Aug and a little in Jul. https://www.quadravest.com/xtd-news FUND UPDATE September 16, 2024 Cash Weighting 21% Equity ...more

Discussion

Comment by cttglvron Sep 20, 2024 8:19pm

RE:RE:RE:RE:RE:TD up, XTD not so much

You're correct about the covered calls. This is from the prospectus... "The Company invests in common shares of the Bank (the “Portfolio”). To supplement the dividends earned on those common ...more

Discussion

Comment by marcroberton Sep 20, 2024 3:28pm

RE:RE:RE:RE:TD up, XTD not so much

can you calculate it like that? the impact on A shares is leveraged so not sure its 1 to 1, at least not with other spltis. Also the ramp up of premium to nav increases as it approaches pay zone, in ...more

Discussion

Comment by riverrrowon Sep 20, 2024 12:26pm

RE:RE:RE:RE:TD up, XTD not so much

According to Theerock back in November XTD was 35% in cash so the NAV won't go up as quickly as the TD share price. $90 might not do it. I do own some TD shares so I am enjoying that ...more

Discussion

Comment by tinkvidon Sep 20, 2024 12:26pm

RE:RE:RE:RE:TD up, XTD not so much

Been buying for the capital appreciation for now.. Changes to the board announced will be a welcome change to the 2nd largest CDN bank.

Discussion

Comment by cttglvron Sep 19, 2024 8:53pm

RE:RE:RE:TD up, XTD not so much

I did some basic math and I think the magic number is $90 Sept 13 NAV $11.87 with TD closing at $84.54 that day Today TD closed at $87.32 so a gain od 3.29%. If you increase the NAV of XTD by 3.29 ...more

Discussion

Comment by riverrrowon Sep 19, 2024 1:46pm

RE:RE:TD up, XTD not so much

I thought surely when TD hits $90 CAD that XTD would start getting divvies. I crunched some numbers and I'm coming up short of the magic $12.50. Hopefully my math was very very wrong.& ...more

Discussion