An anonymous director reports
COMMERCE SPLIT MONTHLY DIVIDEND DECLARED FOR CLASS I AND CLASS II PREFERRED SHARES
Commerce Split Corp. has declared its monthly distributions of 2.5 cents per share (30 cents annually) for Class I preferred shareholders and 3.125 cents per share (37.5 cents annually) for Class II preferred shareholders. The Class I preferred share distributions are paid at an annual rate of 6 per cent based on the $5 repayment amount. Class II preferred share distributions are paid at an annual rate of 7.5 per cent based on the $5 repayment amount. Distributions are payable April 10, 2024, to shareholders on record as at March 28, 2024.
Distribution details
Class I preferred share: 2.5 cents
Class II preferred share: 3.125 cents
Record date: March 28, 2024
Payable date: April 10, 2024
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