New Commerce Split: Monthly Dividend Declared for Class I and Class II Preferred Shares
July 18 2014 - 9:00AM
Marketwired Canada
New Commerce Split (the "Company") declares its monthly distribution of $0.03125
per share ($0.375 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 and Class II Preferred share dividends are paid at an
annual rate of 7.50% based on their $5 notional issue prices. Distributions are
payable August 8, 2014 to shareholders on record as of July 31, 2014.
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) $0.03125
Class II Preferred Share (YCM.PR.B) $0.03125
Ex-Dividend Date: July 29, 2014
Record Date: July 31, 2014
Payable Date: August 8, 2014
FOR FURTHER INFORMATION PLEASE CONTACT:
New Commerce Split
Investor Relations
416-304-4443 or toll free: 1-877-4-Quadra (1-877-478-2372)
www.CommerceSplit.com
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