Commerce Split Monthly Payments Declared for Capital Share and Preferred Shares
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TORONTO, Oct. 20, 2026 (GLOBE NEWSWIRE) — New Commerce Split (The “Company”) declares a monthly distribution of $0.07500 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 November 10, 2026 to shareholders on record as at October 30, 2026.
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The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.
| Distribution Details | |
| Capital Share (YCM) | $0.07500 |
| Class I Preferred Share (YCM.PR.A) | $0.02500 |
| Class II Preferred Share (YCM.PR.B) | $0.03125 |
| Record Date: | October 30, 2026 |
| Payable Date: | November 10, 2026 |
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