Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares
November 20 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
December 10, 2018 to shareholders on record as at November 30,
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) |
$0.02500 |
Class II Preferred Share (YCM.PR.B) |
$0.03125 |
Ex-Dividend Date: |
November 29, 2018 |
Record Date: |
November 30, 2018 |
Payable Date: |
December 10, 2018 |
Investor Relations: 1-877-478-2372Local:
416-304-4443www.commercesplit.cominfo@quadravest.com
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