Tuesday, 02 January 2024 12:17 GMT

Commerce Split Monthly Payments Declared For Capital Share And Preferred Shares


(MENAFN- GlobeNewsWire - Nasdaq) TORONTO, March 18, 2026 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares a monthly distribution of $0.07500 per share for Capital shareholders (YCM), and its regular monthly distribution of $0.02500 per share ($0.30 annually) for Class I Preferred shareholders (YCM.A), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders The Class I Preferreds are paid at an annual rate of 6.00% based on their $5 repayment amount. Class II Preferreds are paid at an annual rate of 7.50% based on their $5 repayment amount. Distributions are payable April 10, 2026 to shareholders on record as at March 31, 2026.

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

Distribution Details
Capital Share (YCM) $0.07500
Class I Preferred Share $0.02500
Class II Preferred Share $0.03125
Record Date: March 31, 2026
Payable Date: April 10, 2026


Investor Relations: 1-877-478-2372 Local: 416-304-4443 ...

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GlobeNewsWire - Nasdaq

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