Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares
19 Dezember 2024 - 3:00PM
New Commerce Split (The "Company") declares a monthly distribution
of $0.05000 per share for Capital shareholders (YCM), and its
regular 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 Preferreds are paid at an annual rate of
6.00% based on their $5 repayment amount. Class II Preferreds are
paid at an annual rate of 7.50% based on their $5 repayment amount.
Distributions are payable January 10, 2025 to shareholders on
record as at December 31, 2024.
The Company invests in common shares of Canadian
Imperial Bank of Commerce, a Canadian financial institution.
|
Distribution Details |
|
| |
|
| Capital Share (YCM) |
$0.05000 |
| |
|
| Class I Preferred Share (YCM.PR.A) |
$0.02500 |
| |
|
| Class II Preferred Share (YCM.PR.B) |
$0.03125 |
| |
|
| Record Date: |
December 31, 2024 |
| |
|
| Payable Date: |
January 10, 2025 |
| Investor
Relations: 1-877-478-2372 |
Local:
416-304-4443 |
www.commercesplit.com |
info@quadravest.com |
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