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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TDb Split Corp. > Regular Monthly Dividend

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Post by Betteryear2 on Nov 18, 2021 4:05pm

Regular Monthly Dividend

TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- TDb Split Corp. ("TDb Split") declares its regular monthly distribution of $0.05000 for each Class A share ($0.60 annualized) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable December 10, 2021 to shareholders on record as at November 30, 2021.

Since inception, Class A shareholders have received a total of $6.95 per share and Preferred shareholders have received a total of $7.52 per share inclusive of this distribution, for a combined total of $14.47.

TDb Split invests in common shares of Toronto-Dominion Bank, a leading Canadian Financial institution.

https://www.globenewswire.com/news-release/2021/11/18/2337779/0/en/TDb-Split-Corp-Regular-Monthly-Dividend-Declaration-for-Class-A-Preferred-Share.html

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