{"id":401890,"date":"2020-12-17T09:03:29","date_gmt":"2020-12-17T14:03:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401890"},"modified":"2020-12-17T09:03:29","modified_gmt":"2020-12-17T14:03:29","slug":"new-commerce-split-monthly-dividend-declared-for-class-i-and-class-ii-preferred-shares-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-commerce-split-monthly-dividend-declared-for-class-i-and-class-ii-preferred-shares-3\/","title":{"rendered":"New Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares"},"content":{"rendered":"
\n

TORONTO, Dec. 17, 2020 (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), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders (YCM.PR.B). The Class I Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount. Class II Preferred share dividends are paid at an annual rate of 7.50% based on their $5 repayment amount. Distributions are payable January 8, 2021 to shareholders on record as at December 31, 2020.<\/p>\n

The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.<\/p>\n\n\n\n\n\n\n\n
\n
\n Distribution Details<\/em>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\n Class I Preferred Share (YCM.PR.A)<\/strong>\n <\/td>\n\n $0.02500<\/strong>\n <\/td>\n<\/tr>\n
\n Class II Preferred Share (YCM.PR.B)<\/strong>\n <\/td>\n\n $0.03125<\/strong>\n <\/td>\n<\/tr>\n
\n Ex-Dividend Date:<\/strong>\n <\/td>\n\n December 30, 2020<\/strong>\n <\/td>\n<\/tr>\n
\n Record Date:<\/strong>\n <\/td>\n\n December 31, 2020<\/strong>\n <\/td>\n<\/tr>\n
\n Payable Date:<\/strong>\n <\/td>\n\n January 8, 2021<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.commercesplit.com<\/a>
info@quadravest.com<\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

TORONTO, Dec. 17, 2020 (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), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders (YCM.PR.B). The Class I Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount. Class II Preferred share dividends are paid at an annual rate of 7.50% based on their $5 repayment amount. Distributions are payable January 8, 2021 to shareholders on record as at December 31, 2020. The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution. Distribution Details \u00a0 Class I Preferred Share (YCM.PR.A) $0.02500 … <\/p>\n

Continue reading “New Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401890","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNew Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-commerce-split-monthly-dividend-declared-for-class-i-and-class-ii-preferred-shares-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Dec. 17, 2020 (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), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders (YCM.PR.B). The Class I Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount. Class II Preferred share dividends are paid at an annual rate of 7.50% based on their $5 repayment amount. Distributions are payable January 8, 2021 to shareholders on record as at December 31, 2020. The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution. 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