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

TORONTO, ONTARIO--(Marketwired - May 21, 2014) - New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable June 10, 2014 to shareholders on record as of May 30, 2014. 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: May 28, 2014
Record Date: May 30, 2014
Payable Date: June 10, 2014

New Commerce SplitInvestor Relations416-304-4443Toll Free: 1-877-4-Quadra (1-877-478-2372)www.CommerceSplit.com

Commerce Split (TSX:YCM.PR.A)
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Commerce Split (TSX:YCM.PR.A)
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