Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares
June 20 2018 - 9:00AM
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 July 10, 2018 to
shareholders on record as at June 29, 2018.
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)Class II Preferred Share
(YCM.PR.B)Ex-Dividend Date:Record
Date:Payable Date: |
$0.02500$0.03125June 28,
2018June 29, 2018July 10,
2018 |
Investor Relations: 1-877-478-2372 Local:
416-304-4443 www.commercesplit.com info@quadravest.com
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