TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares its regular monthly distribution of $0.02500 per share ($0.30 annually), for Class I Preferred shareholders (YCM.PR.A). The Class I Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount. Distributions are payable November 10, 2023 to shareholders on record as at October 31, 2023.
The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.
| Distribution Details | |
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| Class I Preferred Share (YCM.PR.A) | $0.02500 |
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| Record Date: | October 31, 2023 |
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| Payable Date: | November 10, 2023 |
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