Commerce Split Corp.

Commerce Split Corp.

August 20, 2007 09:00 ET

Commerce Split Corp.: Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(Marketwire - Aug. 20, 2007) - 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 September 10, 2007 to shareholders on record as of August 31, 2007.

Since inception (Feb 16/07) Class A shareholders have received a total of $0.30 per share and Preferred shareholders have received a total of $0.28 per share inclusive of this distribution, for a combined total of $0.58.

Commerce Split invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution with strong fundamentals and performance.

Distribution Details:

Class A Share (XCM): $0.05

Preferred Share (XCM.PR.A) $0.04375

Ex-Dividend Date: August 29, 2007

Record Date: August 31, 2007

Payable Date: September 10, 2007

Contact Information

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