An anonymous director reports
COMMERCE SPLIT MONTHLY PAYMENTS DECLARED FOR CAPITAL SHARE AND PREFERRED SHARES
Commerce Split Corp. has declared a monthly distribution of 7.500 cents per share for capital shareholders (YCM), its regular monthly distribution of 2.500 cents per share (30 cents annually) for Class I preferred shareholders (YCM.PR.A) and 3.125 cents per share (37.5 cents annually) for Class II preferred shareholders (YCM.PR.B). The Class I preferred shares are paid at an annual rate of 6.00 per cent based on their $5 repayment amount. Class II preferred shares are paid at an annual rate of 7.50 per cent based on their $5 repayment amount. Distributions are payable Oct. 9, 2026, to shareholders on record as at Sept. 30, 2026.
The company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.
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