TDb Split (TSE:XTD) has released an update.
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TDb Split Corp. has announced a regular monthly dividend for its Priority Equity shares, with shareholders set to receive $0.05833 per share, payable on January 10, 2025. No dividend will be paid to Class A shareholders this month due to the net asset value condition outlined in the company’s prospectus. TDb Split’s investment portfolio primarily consists of shares from the Toronto-Dominion Bank, a prominent Canadian financial institution.
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