TDb Split Corp.

TDb Split Corp.

January 20, 2010 09:00 ET

TDb Split Corp. Regular Monthly Dividend Declaration for Preferred Share

TORONTO, ONTARIO--(Marketwire - Jan. 20, 2010) - TDb Split Corp. ("TDb Split") declares its regular monthly distribution of $0.04375 for each Preferred share ($0.525 annually). Distributions are payable February 10, 2010 to shareholders on record as of January 29, 2010. There will not be a distribution paid to TDb Split Class A Shares for January 29, 2010 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 January 15, 2010 was $12.10.

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 $1.30 per share inclusive of this distribution, for a combined total of $2.25 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:                        January 27, 2010
Record Date:                        January 29, 2010
Payable Date:                        February 10, 2010

Contact Information

  • TDb Split Corp.
    Investor Relations
    416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)