Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares
November 20 2024 - 9:00AM
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 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 December 10, 2024 to
shareholders on record as at November 29, 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: |
November
29, 2024 |
Payable Date: |
December
10, 2024 |
Investor
Relations: 1-877-478-2372 |
Local:
416-304-4443 |
www.commercesplit.com |
info@quadravest.com |
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