New Commerce Split Monthly Dividend Declared for Class I Preferred Share (YCM.PR.A)

TORONTO, ONTARIO--(Marketwire - Mar 19, 2013) - New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable April 10, 2013 to shareholders on record as of March 28, 2013. 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: March 26, 2013
Record Date: March 28, 2013
Payable Date: April 10, 2013