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Classified in: Business
Subject: v

Commerce Split Monthly Dividend Declared for Class I Preferred Shares


TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- 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). The Class I Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount. Distributions are payable November 10, 2023 to shareholders on record as at October 31, 2023.

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
  
Record Date:October 31, 2023
  
Payable Date:November 10, 2023
  


Investor Relations: 1-877-478-2372Local: 416-304-4443www.commercesplit.com [email protected]


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