Rank TDb Split Corp Preferreds https://canadianpreferredshares.ca/rank-tdb-split-corp-preferreds/


Rank TDb Split Corp Preferreds

This compare tool allows you to Rank TDb Split Corp Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the TDb Split Corp preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, 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. Since all preferreds belong to the same issuer, the risk is the same for all of them.

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 Instument:

  1. 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
NOTE: THIS IS A SPLIT SHARE INSTRUMENT BY "Quadravest Capital Management Inc."

TDb Split Corp offers two type of shares,

  1. 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
  2. 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.

Dividend Payment Schedule: 2021FEB08 , 2021MAY10 , 2021AUG10 , 2021NOV10

Ex Dividend Date Schedule: 2021JAN30 , 2021APR29 , 2021JUL30 , 2021OCT29

 

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 CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
PFD-2



 
 

Rank TDb Split Corp Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend). Represents the yield and dividend for the current issue after the upcoming reset. For this calculation it’s assumed the key rates are going to be the same as todays published rates. The reset yield is the sum of the key rate for the base term (5YR, 3Month, etc) plus the published spread. Since we do not know what the key rate will be at the time of the reset we assume its going to be the same as today. The ability to use a different set of rates during this caclulation is planned for a future release.
  3. Blended (Yield | Dividend).
  4. Rate Increase Percent.
  5. Rate Increase To Value.
  6. New Spread increase. It shows the effect or the current price on the issue spread of the preferred. It shows the percent increase/decrease of the new spread
  7. New Spread Value.
  8. Short Position.
  9. Additional Features.
  10. Years To Double Initial Investment. How many years will it take for the initial investment to double.
  11. Outstanding float.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data Jan-22 19:14, Model Metrics Jan-22 19:16
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
XTD-A XTD.PR.A CA87234Y1007 $10.20$10.71$6.96split share + 5.15%05.15% $0.5250TDb_Split_Corp_5.25%
Rank E Split Corp Preferreds - https://canadianpreferredshares.ca/

Additional Information

Continue to Rank TDb Split Corp Preferreds  page 2 of 3 where you can find

  1. Graph of all preferred share yields
  2. Propsectus Information