Commerce Split Corp.

Commerce Split Corp.

January 18, 2008 09:00 ET

Commerce Split Corp.: Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(Marketwire - Jan. 18, 2008) - Commerce Split Corp. ("Commerce Split") declares its regular monthly distribution of $0.05 for each Class A share ($0.60 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable February 8, 2008 to shareholders on record as of January 31, 2008.

Since inception (February 16, 2007) Class A shareholders have received a total of $0.55 per share and Preferred shareholders have received a total of $0.50 per share inclusive of this distribution, for a combined total of $1.05 per share.

Commerce Split invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.

Distribution Details:

Class A Share (XCM): $0.05

Preferred Share (XCM.PR.A) $0.04375

Ex-Dividend Date: January 29, 2008

Record Date: January 31, 2008

Payable Date: February 8, 2008

Contact Information

  • Commerce Split Corp.
    Investor Relations
    (416) 304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)