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.
|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|