TORONTO, ONTARIO--(Marketwired - Nov. 20, 2017) - 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 8, 2017 to shareholders on record as at November 30, 2017.
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, 2017 | |
Record Date: | November 30, 2017 | |
Payable Date: | December 8, 2017 |
Contact Information:
Local: 416-304-4443
www.commercesplit.com
info@quadravest.com