Commerce Split: Monthly Dividend Declared for Class I and Class II Preferred Shares
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 07/20/16 -- New Commerce Split (the "Company") declares its monthly distribution of $0.025 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 August 10, 2016 to shareholders on record as of July 29, 2016.
The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.
Contacts:
Investor Relations:
1-877-478-2372
Local: 416-304-4443
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Datum: 20.07.2016 - 07:00 Uhr
Sprache: Deutsch
News-ID 1447933
Anzahl Zeichen: 2605
contact information:
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Town:
TORONTO, ONTARIO
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Kategorie:
Personal Finance
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