Canadian Imperial Bank of Commerce (CM) To Go Ex-Dividend on December 29th

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) announced a quarterly dividend on Monday, December 29th, TickerTech Dividends reports. Stockholders of record on Wednesday, January 28th will be given a dividend of 1.07 per share on Wednesday, January 28th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, December 29th. This is a 10.3% increase from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.97.

Canadian Imperial Bank of Commerce Stock Performance

Shares of CM opened at C$126.61 on Friday. The stock has a 50-day moving average price of C$121.16 and a 200 day moving average price of C$109.61. The company has a market capitalization of C$117.69 billion, a P/E ratio of 14.77, a P/E/G ratio of 3.03 and a beta of 1.45. Canadian Imperial Bank of Commerce has a one year low of C$76.17 and a one year high of C$128.87.

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) last issued its quarterly earnings results on Thursday, December 4th. The company reported C$2.21 earnings per share for the quarter. Canadian Imperial Bank of Commerce had a net margin of 27.87% and a return on equity of 12.61%. The company had revenue of C$7.58 billion during the quarter. As a group, equities research analysts forecast that Canadian Imperial Bank of Commerce will post 6.4127341 earnings per share for the current fiscal year.

Canadian Imperial Bank of Commerce Company Profile

CIBC is a leading North American financial institution with 15 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world.