Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares
March 20 2019 - 8:00AM
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 April 10, 2019 to
shareholders on record as at March 29, 2019.
The Company invests in common shares of Canadian
Imperial Bank of Commerce, a Canadian financial institution.
Distribution Details |
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Class I
Preferred Share (YCM.PR.A) |
$0.02500 |
Class II
Preferred Share (YCM.PR.B) |
$0.03125 |
Ex-Dividend
Date: |
March 28, 2019 |
Record
Date: |
March 29, 2019 |
Payable Date: |
April 10, 2019 |
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Investor Relations:
1-877-478-2372 |
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Local: 416-304-4443 |
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www.commercesplit.com |
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info@quadravest.com |
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