New Commerce Split

New Commerce Split

June 20, 2012 09:00 ET

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

TORONTO, ONTARIO--(Marketwire - June 20, 2012) - New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable July 10, 2012 to shareholders on record as of June 29, 2012. 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: June 27, 2012
Record Date: June 29, 2012
Payable Date: July 10, 2012

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