TD Split Inc.

TD Split Inc.

January 19, 2011 16:32 ET

TD Split Inc. Announces Initial Quarterly Dividends on Preferred and Capital Shares Following Reorganization

TORONTO, ONTARIO--(Marketwire - Jan. 19, 2011) - TD Split Inc. (TSX:TDS.C)(TSX:TDS.PR.C) (the "Company") announced today that it has declared its initial quarterly dividend of $0.11875 per Class C Preferred Share as provided in the prospectus dated October 26, 2010. The Company also announced a dividend of $0.055 per Class C Capital Share. The Class C Capital Share dividend has been set based on the current level of the common share dividend of The Toronto- Dominion Bank ("TD Bank"). The dividends are payable on February 15, 2011 to holders of record on February 1, 2011.

The Company was established to generate dividend income for the Class C Preferred Shares while providing holders of the Class C Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of TD Bank. Information concerning TD Split Inc. is available on our website at

The Class C Capital Shares and Class C Preferred Shares of TD Split are listed on the Toronto Stock Exchange under the symbols TDS.C and respectively.        

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    Investor Relations