TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) — TDb Split Corp. (“TDb Split”) declares its regular monthly distribution of $0.04375 for each Priority Equity share ($0.525 annually). Distributions are payable January 10, 2024 to shareholders on record as at December 29, 2023.
There will not be a distribution paid to the Class A Shares for December 29, 2023 as per the Prospectus which states no regular monthly dividends 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 composition of TDb Split’s investment portfolio currently meets the requirements of the Priority Equity Portfolio Protection Plan (as described in the Annual Information Form).
Since inception, Class A shareholders have received a total of $7.90 per share and Priority Equity shareholders have received a total of $8.61 per share inclusive of this distribution, for a combined total of $16.51.
TDb Split invests in common shares of Toronto-Dominion Bank, a leading Canadian Financial institution.
| Distribution Details | ||
| Priority Equity Share (XTD.PR.A) | $0.04375 | |
| Record Date: | December 29, 2023 | |
| Payable Date: | January 10, 2024 | |
| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | www.tdbsplit.com | info@quadravest.com |
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