Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares
20 Dezember 2023 - 3:00PM
New Commerce Split (The "Company") declares its monthly
distribution of $0.02500 per share ($0.30 annually), for Class I
Preferred shareholders (YCM.PR.A), and $0.03125 per share ($0.375
annually) for Class II Preferred shareholders (YCM.PR.B). The Class
I Preferred share dividends are paid at an annual rate of 6.00%
based on the $5 repayment amount. Class II Preferred share
dividends are paid at an annual rate of 7.50% based on their $5
repayment amount. Distributions are payable January 10, 2024 to
shareholders on record as at December 29, 2023.
The Company invests in common shares of Canadian
Imperial Bank of Commerce, a Canadian financial institution.
Distribution Details |
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Class I
Preferred Share (YCM.PR.A)Class II Preferred Share
(YCM.PR.B)Record Date:Payable
Date: |
$0.02500$0.03125December
29, 2023January 10, 2024 |
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Investor Relations: 1-877-478-2372Local:
416-304-4443www.commercesplit.cominfo@quadravest.com
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