Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares
February 18 2022 - 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 March 10, 2022 to shareholders on record
as at February 28, 2022.
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: |
|
February 28, 2022 |
| Payable
Date: |
|
March 10, 2022 |
| |
|
|
| Investor Relations: 1-877-478-2372 |
|
Local: 416-304-4443 |
|
www.commercesplit.com |
|
info@quadravest.com |
| |
|
|
|
|
|
|
Commerce Split (TSX:YCM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Commerce Split (TSX:YCM)
Historical Stock Chart
From Apr 2023 to Apr 2024
