New Commerce Split

New Commerce Split

April 19, 2011 09:00 ET

New Commerce Split: Monthly Dividend Declared for Class I Preferred Share (YCM.PR.A)

TORONTO, ONTARIO--(Marketwire - April 19, 2011) - New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable May 10, 2011 to shareholders on record as of April 29, 2011. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.

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

Distribution Details:
Class I Preferred Share (YCM.PR.A)$0.03125
Ex-Dividend Date:April 27, 2011
Record Date:April 29, 2011
Payable Date:May 10, 2011

Contact Information

  • New Commerce Split
    Investor Relations
    416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)