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: 1-877-478-2372 | Local: 416-304-4443 | www.commercesplit.com | info@quadravest.com |
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
