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Canadian Imperial Bank of Commerce (CM) Dividend Yield, Date & History

$59.32
-0.41 (-0.69%)
(As of 09/6/2024 ET)

Dividend Summary

Dividend Yield
4.38%
Annual Dividend
$2.60
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
6.12%
Dividend Payout Ratio
53.50%
Next
Dividend Payment
Oct. 28
Skip Charts & View Dividend History

Canadian Imperial Bank of Commerce vs. The Competition

TypeCanadian Imperial Bank of CommerceFinance CompaniesNYSE Companies
Annual Dividend$2.60$1.95$1.46
Dividend Yield4.38%979.57%350.22%
Annualized 3-Year Dividend Growth6.12%12.92%15.42%
Track Record13 years16 years23 years

Canadian Imperial Bank of Commerce Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings53.50%
Based on This Year's Estimates46.68%
Based on Next Year's Estimates44.37%
Based on Cashflow42.52%

Canadian Imperial Bank of Commerce Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/29/2024Quarterly$0.65204.53%9/27/20249/27/202410/28/2024
5/30/2024Quarterly$0.65305.16%6/28/20246/28/20247/29/2024
3/1/2024quarterly$0.66345.2%3/27/20243/28/20244/29/2024
12/1/2023quarterly$0.66236%12/27/202312/28/20231/29/2024
8/31/2023Quarterly$0.65706.64%9/27/20239/28/202310/27/2023
5/25/2023Quarterly$0.64206.16%6/27/20236/28/20237/28/2023
2/24/2023Quarterly$0.63905.53%3/27/20233/28/20234/28/2023
12/1/2022quarterly$0.62705.8%12/27/202212/28/20221/27/2023
8/25/2022Quarterly$0.64905.13%9/27/20229/28/202210/28/2022
5/26/2022Quarterly$0.64504.8%6/27/20226/28/20227/28/2022
2/25/2022Quarterly$0.63353.94%3/25/20223/28/20224/28/2022
12/2/2021Quarterly$0.634.7%12/28/202112/29/20211/28/2022
8/27/2021quarterly$0.57814.2%9/27/20219/28/202110/28/2021
5/28/2021quarterly$0.60264%6/25/20216/28/20217/28/2021
2/26/2021quarterly$0.58354.9%3/26/20213/29/20214/28/2021
12/3/2020Quarterly$0.54805.11%12/28/202012/29/20201/28/2021
8/28/2020quarterly$0.55535.6%9/25/20209/28/202010/28/2020
5/28/2020Quarterly$0.52356.42%6/26/20206/29/20207/28/2020
2/28/2020quarterly$0.54785.8%3/26/20203/27/20204/28/2020
12/6/2019quarterly$0.54545.3%12/26/201912/27/20191/28/2020
8/22/2019Quarterly$0.54555.8%9/26/20199/27/201910/28/2019
5/23/2019quarterly$0.525.4%6/27/20196/28/20197/29/2019
3/1/2019quarterly$0.53085.04%3/27/20193/28/20194/29/2019
11/29/2018Quarterly$0.51704.89%12/27/201812/28/20181/28/2019
8/24/2018quarterly$0.52064.43%9/27/20189/28/201810/29/2018
5/23/2018Quarterly$0.51804.63%6/27/20186/28/20187/27/2018
2/22/2018Quarterly$0.52354.51%3/27/20183/28/20184/27/2018
11/30/2017Quarterly$0.50554.27%12/27/201712/28/20171/29/2018
8/24/2017quarterly$0.51654.9%9/27/20179/28/201710/27/2017
5/26/2017quarterly$0.47034.81%6/26/20176/28/20177/28/2017
2/23/2017quarterly$0.48494.06%3/24/20173/28/20174/28/2017
12/1/2016$0.461512/23/201612/28/20161/27/2017
8/25/2016$0.46409/26/20169/28/201610/28/2016
2/25/2016Quarterly$0.43504.62%3/23/20163/28/20164/28/2016
12/3/2015$0.430512/24/201512/29/20151/28/2016
8/27/2015$0.42439/24/20159/28/201510/28/2015
5/29/2015quarterly$0.44264.64%6/25/20156/29/20157/28/2015
2/27/2015quarterly$0.42164.41%3/25/20153/27/20154/28/2015
12/5/2014quarterly$0.45414.05%12/23/201412/29/20141/28/2015
8/28/2014quarterly$0.45693.84%9/25/20149/29/201410/28/2014
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5/30/2014quarterly$0.46054.17%6/25/20146/27/20147/28/2014
2/28/2014quarterly$0.44304.23%3/26/20143/28/20144/28/2014
12/5/2013quarterly$0.45224.33%12/24/201312/27/20131/28/2014
12/5/2013$0.449712/24/201312/27/20131/28/2014
8/29/2013quarterly$0.45734.66%9/25/20139/27/201310/28/2013
5/30/2013quarterly$0.46524.84%6/26/20136/28/20137/29/2013
2/28/2013quarterly$0.474.54%3/26/20133/28/20134/29/2013
12/9/2012quarterly$0.47234.67%12/26/201212/28/20121/28/2013
(Data available from 1/1/2013 forward)

Canadian Imperial Bank of Commerce Dividend - Frequently Asked Questions

What is Canadian Imperial Bank of Commerce's dividend yield?

The current dividend yield for Canadian Imperial Bank of Commerce is 4.38%. Learn more on CM's dividend yield history.

How much is Canadian Imperial Bank of Commerce's annual dividend?

The annual dividend for CM shares is $2.60. Learn more on CM's annual dividend history.

How often does Canadian Imperial Bank of Commerce pay dividends?

Canadian Imperial Bank of Commerce pays quarterly dividends to shareholders.

When is Canadian Imperial Bank of Commerce's next dividend payment?

Canadian Imperial Bank of Commerce's next quarterly dividend payment of $0.6520 per share will be made to shareholders on Monday, October 28, 2024.

When was Canadian Imperial Bank of Commerce's most recent dividend payment?

Canadian Imperial Bank of Commerce's most recent quarterly dividend payment of $0.6530 per share was made to shareholders on Monday, July 29, 2024.

When is Canadian Imperial Bank of Commerce's ex-dividend date?

Canadian Imperial Bank of Commerce's next ex-dividend date is Friday, September 27, 2024.

When was Canadian Imperial Bank of Commerce's most recent ex-dividend date?

Canadian Imperial Bank of Commerce's most recent ex-dividend date was Friday, June 28, 2024.

Is Canadian Imperial Bank of Commerce's dividend growing?

Over the past three years, the company's dividend has grown by an average of 6.12% per year.

What track record does Canadian Imperial Bank of Commerce have of raising its dividend?

Canadian Imperial Bank of Commerce has increased its dividend for the past 13 consecutive years.

When did Canadian Imperial Bank of Commerce last increase or decrease its dividend?

The most recent change in the company's dividend was a decrease of $0.0010 on Thursday, August 29, 2024.

What is Canadian Imperial Bank of Commerce's dividend payout ratio?
The dividend payout ratio for CM is:
  • 53.50% based on the trailing year of earnings
  • 46.68% based on this year's estimates
  • 44.37% based on next year's estimates
  • 42.52% based on cash flow
Is Canadian Imperial Bank of Commerce a good dividend stock?

Canadian Imperial Bank of Commerce's dividend yield of 4.56% is lower than the average Finance company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Canadian Imperial Bank of Commerce's dividend payout ratio of 53.50% is at a healthy, sustainable level, below 75% of its earnings.

This page (NYSE:CM) was last updated on 9/7/2024 by MarketBeat.com Staff

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