Canadian Imperial Bank of Commerce

Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Monday, March 20, 2023

TORONTO, March 20, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.06250 for each Preferred share ($0.750 annually).

Key Points: 
  • TORONTO, March 20, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.06250 for each Preferred share ($0.750 annually).
  • Distributions are payable April 10, 2023 to shareholders on record as at March 31, 2023.
  • Since inception Class A shareholders have received a total of $23.92 per share and Preferred shareholders have received a total of $10.62 per share inclusive of this distribution, for a combined total of $34.55.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Element Reports Strong Fourth Quarter and Record Full-Year 2022 Results, Reaffirms 2023 Guidance

Retrieved on: 
Monday, March 6, 2023

"Element’s fourth quarter performance -- for our clients, our people, and our investors -- caps off the most successful year in the Company’s history," said Jay Forbes, Element's Chief Executive Officer. "With the headwinds of both the pandemic and vehicle shortages abating, 2022 was the first real opportunity for Element to illustrate the commercial, operational and financial capabilities we rebuilt through Transformation. The Company has never performed better, nor been better positioned; we enter 2023 on a wave of strong momentum that materially de-risks the attainment of our full-year results guidance."

Key Points: 
  • As today’s Q4 and full-year 2022 results amply demonstrate, Element continues to perform better than ever.
  • And, critically, we stayed the course on those strategies, first through the global pandemic and then through an industry-first vehicle shortage.
  • The Company’s Board of Directors has authorized and declared a quarterly dividend of $0.10 per outstanding common share of Element for the first quarter of 2023.
  • The dividend will be paid on April 14, 2023 to shareholders of record as at the close of business on March 31, 2023.

The Glenmede Trust Company of Delaware Appoints Two New Board Directors

Retrieved on: 
Monday, February 27, 2023

Glenmede, a leading investment and wealth management firm overseeing $40.5 billion in assets under management (AUM), today announced the election of Gabrielle Bailey and Susan Mucciarone to the Glenmede Trust Company of Delaware Board.

Key Points: 
  • Glenmede, a leading investment and wealth management firm overseeing $40.5 billion in assets under management (AUM), today announced the election of Gabrielle Bailey and Susan Mucciarone to the Glenmede Trust Company of Delaware Board.
  • Prior to joining Glenmede, Ms. Bailey served as Chief Fiduciary Officer and Director of Delaware Trust Services at CIBC Private Wealth Management for the U.S., and as the Director of Delaware Trust Services at Atlantic Trust Private Wealth Management.
  • Ms. Mucciarone has over three decades of experience in the private wealth and investment management industry and was an integral partner in establishing the Glenmede Trust Company of Delaware.
  • “Their experience and insights will strengthen the highly tailored, sophisticated investment management and fiduciary services the Glenmede Trust Company of Delaware offers.

CIBC Asset Management launches new International Equity Index ETF

Retrieved on: 
Monday, February 27, 2023

*The management fee is equal to the fee paid by the CIBC ETF to CAM and does not include applicable taxes or other fees and expenses of the CIBC ETF.

Key Points: 
  • *The management fee is equal to the fee paid by the CIBC ETF to CAM and does not include applicable taxes or other fees and expenses of the CIBC ETF.
  • CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce.
  • Please read the CIBC ETFs prospectus or ETF Facts document before investing.
  • Morningstar® Developed Markets ex-North America Target Market Exposure Hedge CAD Index™ is a trademark or service mark of Morningstar, Inc. and have been licensed for use for certain purposes by CIBC Asset Management Inc. CIBC International Equity Index ETF (CAD-hedged) (the "CIBC Index ETF") is not sponsored, endorsed, sold or promoted by Morningstar, and Morningstar makes no representation regarding the advisability of investing in the CIBC Index ETF.

Dividend 15 Split Corp. II Regular Monthly Dividend Declaration for Preferred Share

Retrieved on: 
Tuesday, February 21, 2023

TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.04792 for each Preferred share.

Key Points: 
  • TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.04792 for each Preferred share.
  • Distributions are payable March 10, 2023 to shareholders on record as at February 28, 2023.
  • Since inception Class A shareholders have received a total of $14.70 per share and Preferred shareholders have received a total of $8.71 per share inclusive of this distribution, for a combined total of $23.41.
  • Dividend 15 II invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares

Retrieved on: 
Tuesday, February 21, 2023

TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares its 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).

Key Points: 
  • TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares its 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 Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount.
  • Class II Preferred share dividends are paid at an annual rate of 7.50% based on their $5 repayment amount.
  • The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.

Canadian Banc Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Tuesday, February 21, 2023

TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.17038 for each Class A share and $0.06667 for each Preferred share.

Key Points: 
  • TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.17038 for each Class A share and $0.06667 for each Preferred share.
  • Distributions are payable March 10, 2023 to shareholders on record as at February 28, 2023.
  • As a result, Class A shareholders of record on February 28, 2023 will receive a dividend of $0.17038 per share based on the VWAP of $13.63 payable on March 10, 2023.
  • Since inception Class A shareholders have received a total of $19.90 per share and Preferred shareholders have received a total of $9.44 per share inclusive of this distribution, for a combined total of $29.33.

North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Tuesday, February 21, 2023

TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.06458 for each Preferred share ($0.775 annually).

Key Points: 
  • TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.06458 for each Preferred share ($0.775 annually).
  • Distributions are payable March 10, 2023 to shareholders on record as at February 28, 2023.
  • Since inception Class A shareholders have received a total of $16.04 per share and Preferred shareholders have received a total of $10.08 per share inclusive of this distribution, for a combined total of $26.13.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Tuesday, February 21, 2023

TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.06250 for each Preferred share ($0.750 annually).

Key Points: 
  • TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.06250 for each Preferred share ($0.750 annually).
  • Distributions are payable March 10, 2023 to shareholders on record as at February 28, 2023.
  • Since inception Class A shareholders have received a total of $23.80 per share and Preferred shareholders have received a total of $10.56 per share inclusive of this distribution, for a combined total of $34.36.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Dividend 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Tuesday, February 21, 2023

TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.04583 for each Preferred share ($0.550 annually).

Key Points: 
  • TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.04583 for each Preferred share ($0.550 annually).
  • Distributions are payable March 10, 2023 to shareholders on record as at February 28, 2023.
  • Since inception Class A shareholders have received a total of $25.80 per share and Preferred shareholders have received a total of $10.03 per share inclusive of this distribution, for a combined total of $35.83.
  • Dividend 15 invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.