TDb Split Corp. Announces New Monthly Dividend Details

TDb Split Corp. Declares Regular Monthly Dividends
TDb Split Corp. has officially announced its monthly distribution plans for the upcoming payment cycle. For each Class A share, shareholders can expect a distribution of $0.05000, correlating to an annual yield of $0.60. Additionally, Priority Equity share owners will see a slightly higher distribution of $0.05833, totaling $0.700 annually. These distributions are set to be paid on November 10 to all shareholders recorded as of October 31.
Investment Insights and Historical Performance
Since the inception of TDb Split, the financial returns for shareholders have been impressive. To date, Class A shareholders have reaped a total of $8.40 per share, while Priority Equity shareholders have enjoyed an aggregated total of $9.73 per share. This brings the overall distribution to an admirable total of $18.13 for shareholders who have maintained their investments in TDb Split Corp.
Core Investment Strategies
TDb Split Corp. focuses its investment strategy on common shares from the well-regarded Toronto-Dominion Bank, a prominent player in the Canadian financial landscape. This strategic choice provides a robust foundation for ongoing dividend distributions and aims to enhance shareholder value continually.
Distribution Schedule and Investor Communication
As outlined, the important dates for this cycle include a record date of October 31, ensuring that those on the list by this date will qualify for the upcoming payouts. The payable date is set for November 10, creating a clear timeline for investors to anticipate their returns.
Distribution Breakdown
Here’s a brief overview of the distributions per share:
- Class A Share (TSX:XTD): $0.05000
- Priority Equity Share (TSX:XTD.PR.A): $0.05833
Contact for Investor Relations
For those with inquiries or needing further details, TDb Split Corp. provides several channels for communication. Investors can reach out through the following numbers: 1-877-478-2372 for general inquiries or locally at 416-304-4443. Additionally, for information via email, individuals may contact info@quadravest.com.
Frequently Asked Questions
What are the recent distribution amounts for TDb Split Corp.?
The recent monthly distributions are $0.05000 for Class A shares and $0.05833 for Priority Equity shares.
When will the dividends be paid out to shareholders?
The dividends are scheduled to be paid on November 10, following the record date of October 31.
What has been the historical performance for shareholders?
Historically, Class A shareholders have received $8.40 per share, while Priority Equity shareholders have received $9.73, totaling $18.13 for investors from inception.
Which companies does TDb Split Corp. invest in?
TDb Split Corp. primarily invests in common shares of Toronto-Dominion Bank, a leading Canadian financial institution.
How can I contact TDb Split Corp. for more information?
Investors can contact TDb Split Corp. by calling 1-877-478-2372 or emailing info@quadravest.com.
About The Author
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