XTD TDb Split Corp Class A Share
In this page I have compiled the information which allows you to evaluate XTD TDb Split Corp Class A Share, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Class A shares of this split-corporation. Your goal is to determine if this issue meets your requirements. These tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.
In a market with low volumes you can use this information to identify mispriced shares.
TDb Split Corp Brief Overview
Visit the TDb Split Corp company website to see the preferred share prospectus, news and other information.
Sector: Split Share
Main Features of this Spit Share Instrument:
- TDb Split Corp. is a corporation investing in common shares of TD Bank, a leading Canadian Financial Institution with a strong domestic presence, strong financial fundamentals and a diversified earnings base. The fund offers two types of shares, a Class A (XTD) and a Preferred (XTD.PR.A) both with the objective to pay regular monthly cash dividend
TDb Split Corp offers two type of shares,
- Class A Shares: (i) to provide holders of Class A Shares with regular monthly cash dividends in the amount of $0.05 per Class A share if and when the net asset value per Unit exceeds $12.50; and (ii) to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per Unit
- Preferred Shares:. (i) to provide holders of Priority Equity Shares with cumulative preferential monthly cash dividends in the amount of $0.04375 per share to yield 5.25% annually; and (ii) on or about the termination date of December 1, 2024 (subject to further 5 year extensions thereafter), to pay an amount of $10.00 per Priority Equity share
The latest information and statistics on their common stock XTD, can be easily accessed using websites like TMX Money.
TDb Split Corp Credit Rating
The latest credit rating for TDb Split Corp are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.
| S&P Corporate | S&P Preferreds | DBRS Long Term | DBRS Preferreds | S&P Global Corporate | S&P Global Preferreds | Moody's LongTerm | PFD-2 |
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TDb Split Corp Class A Share Metrics
| Symbol: TSE:XTD | Price: $3.07 | Currency: CAD | Name: TDb Split Corp | : | Dividend: $0.0500 | Target Yield: 9.84% | Current Yield: 19.54% | Dividend Pay Frequency: Monthly | : | Current NAV: $11.64 | NAV As Of Date: 2023-10-31 | NAV Threshold: $12.50 | Class A Only NAV: N/A | Class A Issue Price: $12.50 | Variable Dividend: N | Outstanding Float: 7,248,760 | Total Distributions: $16.42 | Class A Only Distributions: N/A | Issuer Name: Quadravest |
XTD Net Asset Value vs Threshold over time
The graph below shows relation between the Split Share Net Asset Value and the dividend payout threshold for split shares ( XTD ) over time. Place the mouse cursor over the graph to reveal data like (date, Split Share price detail).Keep in mind if the share price of any of these split shares fall below the threshold of $12.50, the dividend will not be paid out.
XTD Current Yield over time
The graph below shows the Current Yield of the Class A share ( XTD ) over time. Place the mouse cursor over the graph to reveal data like (date, Split Share price detail).Keep in mind if the share price of any of these split shares fall below the threshold, the dividend will not be paid out.
XTD Class A of Split Share Stock Short Position over time
The graph below shows the short position for XTD Class A share over time. Place the mouse cursor over the graph to reveal data like (date, short position detail).Currently the outstanding float for XTD is 4,954,760 and the latest short position is 57,841. Thus the current short position is 1.1700% of the outstanding float.