TDb Split Corp.

TDb Split Corp.

February 17, 2010 16:00 ET

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

TORONTO, ONTARIO--(Marketwire - Feb. 17, 2010) - TDb Split Corp. ("TDb Split") declares its regular monthly distribution of $0.04375 for each Preferred share ($0.525 annually). Distributions are payable March 10, 2010 to shareholders on record as of February 26, 2010. There will not be a distribution paid to TDb Split Class A Shares for February 26, 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 February 12, 2010 was $12.38.

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 $1.35 per share inclusive of this distribution, for a combined total of $2.30 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:   February 24, 2010
Record Date:   February 26, 2010
Payable Date:   March 10, 2010

Contact Information

  • TDb Split Corp.
    Investor Relations
    416-304-4443 or Toll free at 1-877-4-Quadra