Canadian Imperial Bank of Commerce

Commerce Split Monthly Dividend Declared for Class I Preferred Shares

Retrieved on:

Thursday, October 19, 2023

Commerce, Canadian Imperial Bank of Commerce, Holding company, Pension fund

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares its regular monthly distribution of $0.02500 per share ($0.30 annually), for Class I Preferred shareholders (YCM.PR.A).

Key Points:

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares its regular monthly distribution of $0.02500 per share ($0.30 annually), for Class I Preferred shareholders (YCM.PR.A).
The Class I Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount.
Distributions are payable November 10, 2023 to shareholders on record as at October 31, 2023.
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:

Thursday, October 19, 2023

The Company, Policy, Associated Banc-Corp, Royal Bank of Canada, Bank, Bank of Montreal, Commerce, Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, Scotiabank, National Bank of Canada, National bank, VWAP, Security (finance)

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.13975 for each Class A share and $0.06667 for each Preferred share.

Key Points:

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.13975 for each Class A share and $0.06667 for each Preferred share.
Distributions are payable November 10, 2023 to shareholders on record as at October 31, 2023.
As a result, Class A shareholders of record on October 31, 2023 will receive a dividend of $0.13975 per share based on the VWAP of $11.18 payable on November 10, 2023.
Since inception Class A shareholders have received a total of $21.20 per share and Preferred shareholders have received a total of $9.97 per share inclusive of this distribution, for a combined total of $31.16.

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

Retrieved on:

Thursday, October 19, 2023

BCE Inc., Royal Bank of Canada, Bank, TC Energy, Bank of Montreal, TransAlta, Commerce, Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, Scotiabank, Telus Corporation, Thomson Reuters, National Bank of Canada, Sun Life Financial, National bank, Prospectus, Class B share, CI, Holding company

TORONTO, Oct. 19, 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, Oct. 19, 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 November 10, 2023 to shareholders on record as at October 31, 2023.
Since inception Class A shareholders have received a total of $14.70 per share and Preferred shareholders have received a total of $9.10 per share inclusive of this distribution, for a combined total of $23.80.
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.

Dividend 15 Split Corp. Regular Monthly Distribution for Preferred Share

Retrieved on:

Thursday, October 19, 2023

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. declares its regular monthly distribution of $0.04583 for each Preferred share ($0.550 annually).

Key Points:

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. declares its regular monthly distribution of $0.04583 for each Preferred share ($0.550 annually).
Distributions are payable November 10, 2023 to shareholders on record as at October 31, 2023.
There will not be a distribution paid to the Class A Shares for October 31, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.
Since inception Class A shareholders have received a total of $26.30 per share and Preferred shareholders have received a total of $10.40 per share inclusive of this distribution, for a combined total of $36.70.

North American Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share

Retrieved on:

Thursday, October 19, 2023

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.06458 for each Preferred share ($0.775 annually).

Key Points:

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.06458 for each Preferred share ($0.775 annually).
Distributions are payable November 10, 2023 to shareholders on record as at October 31, 2023.
There will not be a distribution paid to the Class A Shares for October 31, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.
Since inception Class A shareholders have received a total of $16.04 per share and Preferred shareholders have received a total of $10.60 per share inclusive of this distribution, for a combined total of $26.65.

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

Retrieved on:

Thursday, October 19, 2023

TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") (TSX: FTN) (TSX:FTN.PR.A) 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, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") (TSX: FTN) (TSX:FTN.PR.A) 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 November 10, 2023 to shareholders on record as at October 31, 2023.
Since inception Class A shareholders have received a total of $24.80 per share and Preferred shareholders have received a total of $11.06 per share inclusive of this distribution, for a combined total of $35.86.
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.

CIBC Asset Management announces CIBC ETF cash distributions for October 2023

Retrieved on:

Tuesday, October 24, 2023

Commerce, Canadian Imperial Bank of Commerce, Investment, ETF, CIBC, Morningstar, Inc., Financial adviser

CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce.

Key Points:

CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce.
Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs).
Please read the CIBC ETFs prospectus or ETF Facts document before investing.
CIBC Canadian Bond Index ETF and CIBC Global Bond ex-Canada Index ETF (CAD Hedged), are not sponsored, endorsed, sold or promoted by Morningstar, and Morningstar makes no representation regarding the advisability of investing in the CIBC Canadian Bond Index ETF and CIBC Global Bond ex-Canada Index ETF (CAD-Hedged).

Big Banc Split Corp. Announces Extension of Term and Increased Distribution Rates For Class A Shares and Preferred Shares

Retrieved on:

Friday, September 29, 2023

Royal Bank of Canada, Asset management, Scotiabank, Bank of Montreal, National bank, Canadian Imperial Bank of Commerce, Share (finance), TSX, BNK, Bank, Toronto-Dominion Bank, National Bank of Canada, Commerce, Security (finance)

TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- (TSX: BNK, BNK.PR.A) Big Banc Split Corp. (the “Company”) is pleased to announce that the board of directors of the Company has approved an extension of the maturity date of the Company’s class A shares (“Class A Shares”) and preferred shares (“Preferred Shares”) for an additional 3-year term to November 30, 2026 (the “New Term”) along with a significant increase in distribution rates for both Class A Shares and Preferred Shares.

Key Points:

TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- (TSX: BNK, BNK.PR.A) Big Banc Split Corp. (the “Company”) is pleased to announce that the board of directors of the Company has approved an extension of the maturity date of the Company’s class A shares (“Class A Shares”) and preferred shares (“Preferred Shares”) for an additional 3-year term to November 30, 2026 (the “New Term”) along with a significant increase in distribution rates for both Class A Shares and Preferred Shares.
The monthly distributions on Preferred Shares will increase to $0.07 ($0.84 per annum), representing an 8.4% yield on the par value of $10.00 per Preferred Share (the “Preferred Share Distribution Rate”).
Purpose Investments Inc. (“Purpose”) is the manager, portfolio manager and promoter of the Company and provides all administrative services required by the Company.
Alternatively, shareholders may sell their Preferred Shares and/or Class A Shares through their securities dealer at the market price at any time, potentially at a higher price than would be achieved through retraction, or shareholders may take no action and continue to hold their Class A Shares or Preferred Shares.

Sandstorm Gold Royalties Renews Credit Facility, Amends Mercedes Stream, Provides Corporate and Development Asset Updates

Retrieved on:

Thursday, September 28, 2023

VANCOUVER, BC, Sept. 28, 2023 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to provide various corporate and asset updates (all figures in U.S. dollars unless otherwise stated).

Key Points:

VANCOUVER, BC, Sept. 28, 2023 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to provide various corporate and asset updates (all figures in U.S. dollars unless otherwise stated).
Sandstorm and its subsidiaries have agreed to amend the existing gold and silver stream agreements with Bear Creek (the "Restructuring Agreement").
Sandstorm will pay Bear Creek 25% of the spot price of gold for each gold ounce delivered by Bear Creek for both the Fixed Gold Deliveries and the Variable Gold Stream.
For more information about Sandstorm Gold Royalties, please visit our website at www.sandstormgold.com or email us at [email protected] .

Capstone Copper Expands Revolving Credit Facility to $700 Million and Extends Maturity to September 2027

Retrieved on:

Monday, September 25, 2023

Mining, Minerals, Natural Resources, Scotiabank, SOFR, CS, Canadian Imperial Bank of Commerce, Investment, SEDAR, ING Group, TSX, Bank, Credit, Commerce, Security (finance)

Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) is pleased to announce that it has amended its existing revolving credit facility (the “Amended Credit Facility”) to increase the aggregate commitments from $600 million to $700 million and extend the maturity from May 2026 to September 2027.

Key Points:

Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) is pleased to announce that it has amended its existing revolving credit facility (the “Amended Credit Facility”) to increase the aggregate commitments from $600 million to $700 million and extend the maturity from May 2026 to September 2027.
The Amended Credit Facility will bear interest on a sliding scale of adjusted term SOFR plus a margin of 2.000% to 2.875%.
The Company’s pro forma available liquidity1 position as of June 30, 2023 is approximately $520 million, including cash, cash equivalents, and short-term investments of approximately $118 million, and $402 million of undrawn availability under the Amended Credit Facility.
The Amended Credit Facility includes standard and customary terms and conditions with respect to fees, representations, warranties, and financial covenants.