Commerce Split: Monthly Dividend Declared for Class I and Class II Preferred Shares
May 18 2018 - 9:00AM
New Commerce Split (The "Company") declares 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 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 June 8, 2018 to
shareholders on record as at May 31, 2018.
The Company invests in common shares of Canadian
Imperial Bank of Commerce, a Canadian financial institution.
Distribution Details
Class I Preferred Share (YCM.PR.A)Class II
Preferred Share (YCM.PR.B)Ex-Dividend
Date:Record Date:Payable
Date: |
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$0.02500$0.03125May 30,
2018May 31, 2018June 8,
2018 |
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Investor Relations:
1-877-478-2372 |
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Local:
416-304-4443 |
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www.commercesplit.com |
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info@quadravest.com |
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