TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- 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 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 December 10, 2024 to shareholders on record as at November 29, 2024.

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:	November 29, 2024
Payable Date:	December 10, 2024

Investor Relations: 1-877-478-2372

Local: 416-304-4443

www.commercesplit.com

info@quadravest.com

   

        

        

        

        

        

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