TDb Split Corp. Announces Monthly Dividend for Shareholders
TDb Split Corp. Announces Monthly Dividend Distributions
Toronto-based TDb Split Corp. has declared its monthly distribution, reaffirming its commitment to its shareholders. Each Class A share will receive a distribution of $0.05000, which translates to an annual amount of $0.60. Meanwhile, Priority Equity shares will benefit from a $0.05833 distribution, equating to $0.700 annually. These distributions are scheduled to be paid out on September 10, 2025, to shareholders recorded as of August 29, 2025.
Historical Distributions and Shareholder Benefits
Since the inception of TDb Split, Class A shareholders have accumulated an impressive total of $8.30 per share in distributions, while Priority Equity shareholders have received a total of $9.62 per share. This leads to an overall combined return of $17.92 per share for investors, demonstrating the company's ongoing value and commitment to its stakeholders.
Investment Approach of TDb Split Corp.
TDb Split Corp. strategically invests in common shares of the Toronto-Dominion Bank, one of Canada's leading financial institutions. This investment strategy aims to provide consistent returns to both Class A and Priority Equity shareholders. By aligning with a strong financial partner, TDb Split seeks to harness stable income from these investments, thus ensuring shareholder value.
Details of the Latest Dividend Declaration
Distribution Summary
The details of the latest dividend distributions are as follows:
Class A Share (TSX:XTD): $0.05000 per share
Priority Equity Share (TSX:XTD.PR.A): $0.05833 per share
Record Date: August 29, 2025
Payable Date: September 10, 2025
Contact Information for Investors
For shareholders or potential investors seeking more information, TDb Split Corp. provides the following contact options:
Investor Relations: 1-877-478-2372
Local Inquiry: 416-304-4443
Email: info@quadravest.com
Frequently Asked Questions
What is the amount of the monthly dividend for Class A shares?
The monthly dividend for each Class A share is $0.05000.
When will the dividends be paid?
The dividends will be payable on September 10, 2025.
What has been the total distribution received by Class A shareholders?
Class A shareholders have received a total of $8.30 per share since inception.
What is TDb Split Corp.'s primary investment?
TDb Split Corp. primarily invests in common shares of the Toronto-Dominion Bank.
Who can I contact for more information on TDb Split Corp.?
Investors can contact Investor Relations at 1-877-478-2372 or email info@quadravest.com for more inquiries.
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