|By Marketwired .||
|December 18, 2012 04:36 PM EST|
TORONTO, ONTARIO -- (Marketwire) -- 12/18/12 -- New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable January 10, 2013 to shareholders on record as of December 31, 2012. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.
New Commerce Split invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.
Distribution Details: Class I Preferred Share (YCM.PR.A) $0.03125 Ex-Dividend Date: December 27, 2012 Record Date: December 31, 2012 Payable Date: January 10, 2013
New Commerce Split
416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)