New Commerce Split (The "Company") declares its 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 September 9, 2022 to shareholders on record as at August 31, 2022.

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
     
Record Date:   August 31, 2022
     
Payable Date:    September 9, 2022
     

Investor Relations: 1-877-478-2372Local: 416-304-4443 www.commercesplit.com info@quadravest.com 

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