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

TD Split Inc.

April 17, 2007 17:23 ET

TD Split Inc. Increases Capital Share Dividend

TORONTO, ONTARIO--(CCNMatthews - April 17, 2007) - 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 $0.16 per Capital Share. The Capital Share dividend reflects an increase of $0.05 per share and has been set based on the current level of the TD Bank common share dividend rate and on the currently anticipated level of operating expenses for TD Split Inc. The dividends are payable on May 15, 2007 to holders of record on May 1, 2007.

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 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.
    Nikita Tziavas
    Chief Financial Officer and Secretary
    (416) 982-2865