TDb Split Corp. Declares Regular Monthly Dividend
TDb Split Corp. ("TDb Split") declares its regular monthly distribution of $0.04375 for each Priority Equity share, totaling $0.525 annually. Distributions are payable to shareholders of record.
Class A Shares Distribution Status
There will not be a distribution paid to the Class A Shares, as the Prospectus indicates no dividends will be paid as long as the net asset value per unit is equal to or less than $12.50.
Investment Portfolio Overview
The investment portfolio of TDb Split currently meets the requirements of the Priority Equity Portfolio Protection Plan.
Distribution Details
Since inception, Class A shareholders have received a total of $7.90 per share and Priority Equity shareholders have received a total of $8.96 per share, resulting in a combined total of $16.86.
Company Investment Focus
TDb Split invests in common shares of Toronto-Dominion Bank, a leading Canadian financial institution.
Distribution Details
Priority Equity Share (XTD.PR.A): $0.04375
Record Date
Date: August 30, 2024
Payable Date
Date: September 10, 2024
Investor Relations
For inquiries, please contact Investor Relations: 1-877-478-2372 or Local: 416-304-4443. You can also reach out via email at info@quadravest.com.
Frequently Asked Questions
What is the declared dividend amount for Priority Equity shares?
The declared monthly dividend for Priority Equity shares is $0.04375.
When will the dividend be payable?
The dividend will be payable on September 10, 2024.
Are there dividends paid on Class A Shares?
No dividends will be paid to Class A Shares as long as the net asset value per unit is $12.50 or below.
What portfolio does TDb Split invest in?
TDb Split invests in common shares of Toronto-Dominion Bank.
How can I contact Investor Relations?
Investor Relations can be contacted at 1-877-478-2372 or via local number 416-304-4443.
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