New Commerce Split: Capital Share Reinstates Distributions and Monthly Payments Declared for Preferred Shares
June 18 2021 - 8:00AM
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 $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 July 9, 2021 to shareholders on record as
at June 30, 2021.
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 |
Ex-Dividend
Date: |
June 29,
2021 |
Record
Date: |
June 30,
2021 |
Payable Date: |
July 9,
2021 |
Investor Relations:
1-877-478-2372 Local:
416-304-4443 www.commercesplit.com info@quadravest.com
Commerce Split (TSX:YCM.PR.A)
Historical Stock Chart
From Sep 2024 to Oct 2024
Commerce Split (TSX:YCM.PR.A)
Historical Stock Chart
From Oct 2023 to Oct 2024