Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares
20-Aug-2025 09:27:10 EDT
Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares
GlobeNewswire August 20, 2025
TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) — New Commerce Split (The “Company”) declares a monthly distribution of $0.05000 per share for Capital shareholders (YCM), and 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 Preferreds are paid at an annual rate of 6.00% based on their $5 repayment amount. Class II Preferreds are paid at an annual rate of 7.50% based on their $5 repayment amount. Distributions are payable September 10, 2025 to shareholders on record as at August 29, 2025.
The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.
