YCM Commerce Split Corp. Cap.

Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares

Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares

TORONTO, Dec. 19, 2024 (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 January 10, 2025 to shareholders on record as at December 31, 2024.

The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.

Distribution Details 
  
Capital Share (YCM)$0.05000
  
Class I Preferred Share (YCM.PR.A)$0.02500
  
Class II Preferred Share (YCM.PR.B)$0.03125
  
Record Date:December 31, 2024
  
Payable Date:January 10, 2025



Investor Relations: 1-877-478-2372Local: 416-304-4443


EN
19/12/2024

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YCMCommerce Split Corp. Cap.

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