Monthly Dividend Announced for TDb Split Corp's Shares
TDb Split Corp. Announces Regular Monthly Dividend
Toronto-based TDb Split Corp. has declared its regular monthly distribution for its investors, ensuring that both Class A and Priority Equity shareholders continue to receive significant financial returns. The announced distribution is a notable point for investors looking to benefit from the ongoing performance of the company.
Details of the Dividend Distribution
For each Class A share, TDb Split has set the distribution at $0.05000, amounting to an annualized total of $0.60. In addition, the Priority Equity shares are set to yield $0.05833 per share, leading to a total annual distribution of $0.700. These distributions are scheduled to be payable on February 10th to all shareholders who hold shares as of January 31st.
Historical Returns to Shareholders
Since its inception, TDb Split Corp. has delivered a robust return to its Class A shareholders, with a cumulative distribution of $7.95 per Class A share. Priority Equity shareholders have also benefitted, receiving a total of $9.21, bringing the combined returns from these distributions to an impressive $17.16 overall.
Investment Strategy of TDb Split Corp.
TDb Split focuses on investing in common shares of the Toronto-Dominion Bank, one of Canada’s prominent financial institutions. This strategic investment underlines the company’s commitment to providing its shareholders with stable and secure returns through well-established entities in the financial sector.
Distribution Objectives and Shareholder Impact
The primary objective of TDb Split Corp. while announcing such distributions is to enhance shareholder value and ensure a continuous flow of income. By declaring regular dividends, the company demonstrates its financial health and strategic foresight in maintaining strong relationships with its investors.
Contact Information for Investors
Investors looking for more information or who have inquiries can easily reach out to TDb Split Corp.’s Investor Relations department by calling 1-877-478-2372 or locally at 416-304-4443. Further details can be obtained by visiting their official website or via email at info@quadravest.com.
Frequently Asked Questions
What is the amount of the recent monthly dividend for Class A shares?
The recent monthly dividend for each Class A share is $0.05000.
When is the payable date for the declared dividends?
The dividends are payable on February 10th.
How much have Class A shareholders received in total since inception?
Class A shareholders have received a total of $7.95 per share since inception.
Which bank does TDb Split invest in?
TDb Split invests in common shares of the Toronto-Dominion Bank.
How can investors contact TDb Split Corp. for more information?
Investors can contact TDb Split Corp. via their Investor Relations number at 1-877-478-2372 or email info@quadravest.com.
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