March 19, 2014 09:00 ET
TORONTO, ONTARIO--(Marketwired - March 19, 2014) - New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable April 10, 2014 to shareholders on record as of March 31, 2014. 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.
New Commerce SplitInvestor Relations416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)www.CommerceSplit.com
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