TD Split Inc.
TSX : TDS.B
TSX : TDS.PR.B

TD Split Inc.

June 09, 2010 16:35 ET

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

TORONTO, ONTARIO--(Marketwire - June 9, 2010) - TD Split Inc. (TSX:TDS.B)(TSX:TDS.PR.B) announced today that it has declared a quarterly dividend on its Preferred Shares of $0.298563 per Preferred Share and on its Capital Shares of $0.24 per Capital Share. The dividends are payable on August 13, 2010 to holders of record on July 29, 2010.

TD Split was established to generate dividend income for the Preferred Shares while providing holders of the 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.tdsponsoredcompanies.com.

The Capital Shares and Preferred Shares are scheduled to be redeemed on November 15, 2010 in accordance with the redemption provisions detailed in the prospectus dated November 10, 2005. The Board of Directors is currently reviewing options for the Corporation which may provide alternatives to the scheduled redemption.

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

Contact Information

  • TD Split Inc.
    Investor Relations
    416-982-2680