TD Split Inc. Announces Quarterly Dividends on Class C Preferred Shares and Class C Capital Shares

TORONTO, ONTARIO--(Marketwired - Oct. 20, 2015) - TD Split Inc. (the "Company") (TSX:TDS.C)(TSX:TDS.PR.C) announced today that it has declared a quarterly dividend of $0.11875 per Class C Preferred Share. In addition, in anticipation of the upcoming maturity on November 13, 2015, a quarterly dividend on its Class C Capital Shares was declared of $0.4779 per Class C Capital Share. The dividends on both the Class C Preferred Shares and Class C Capital Shares are payable on November 13, 2015 to holders of record on October 30, 2015.

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 The Toronto-Dominion Bank. Information concerning TD Split Inc. is available on our website at www.timbercreek.com/investments/managed-companies/td-split-inc.

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 TDS.PR.C respectively.