TDb Split Corp.

TDb Split Corp.

December 18, 2009 09:00 ET

TDb Split Corp.: Regular Monthly Dividend Declaration for Preferred Share

TORONTO, ONTARIO--(Marketwire - Dec. 18, 2009) - TDb Split Corp. ("TDb Split") declares its regular monthly distribution of $0.04375 for each Preferred share ($0.525 annually). Distributions are payable January 8, 2010 to shareholders on record as of December 31, 2009. There will not be a distribution paid to TDb Split Class A Shares for December 31, 2009 as per the Prospectus which states no regular monthly dividends or other distributions will be paid on the Class A Shares in any month as long as the net asset value per unit is equal to or less than $12.50. The Net Asset Value as of December 15, 2009 was $12.36.

Since inception (August 7, 2007) Class A shareholders have received a total of $0.95 per share and Preferred shareholders have received a total of $1.26 per share inclusive of this distribution, for a combined total of $2.21 per share.

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

Distribution Details:  
Preferred Share (XTD.PR.A)            $0.04375
Ex-Dividend Date:            December 29, 2009
Record Date:            December 31, 2009
Payable Date:            January 8, 2010

Contact Information

  • TDb Split Corp.
    Investor Relations
    416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)