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Canadian Imperial Bank of Commerce Stock Dividends Overview

CM pays dividends quarterly. Last paid amount was $0.664 at Apr 29, 2024. As of today, dividend yield (TTM) is 6.19%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 6.19%
Frequency Quarterly
1Y Growth 0.234%
Payout Ratio 0
Amount Per Share $0.664
Canadian Imperial Bank of Commerce has not yet announced its next dividend date. Last payment date was: Apr 29, 2024.

CM Dividend Payout History

To ensure a understanding of CM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 27, 2024 Apr 29, 2024 $0.664 1.40%
2 Dec 01, 2023 Dec 27, 2023 Jan 29, 2024 $0.662 1.43%
3 Aug 31, 2023 Sep 27, 2023 Oct 27, 2023 $0.640 1.84%
4 May 25, 2023 Jun 27, 2023 Jul 28, 2023 $0.662 1.51%
5 Feb 24, 2023 Mar 27, 2023 Apr 28, 2023 $0.618 1.47%
6 Dec 01, 2022 Dec 23, 2022 Jan 27, 2023 $0.623 1.40%
7 Aug 25, 2022 Sep 27, 2022 Oct 28, 2022 $0.604 1.33%
8 May 26, 2022 Jun 27, 2022 Jul 28, 2022 $0.644 1.29%
9 Feb 25, 2022 Mar 25, 2022 Apr 28, 2022 $0.643 1.15%
10 Aug 27, 2021 Sep 27, 2021 Oct 28, 2021 $0.577 0.95%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (84.99%)

Growth potential

Stable (7.03%)

CM Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CM stock here.

Comparing CM to Sector and Country

CM pays a solid dividend yield of 6.19%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). CM’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of CM's dividend payments?
The amount of CM's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in CM sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CM stock be automatically reinvested?
If CM offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy CM stock.

How often does CM pay dividend?
Canadian Imperial Bank of Commerce (CM) pays dividends quarterly. The most recent payout was on Apr 29, 2024.

How much does CM pays per share?
The last recorder (Mar 27, 2024) dividend per share was $0.664.

What is CM dividend growth rate?
Over the last year, Canadian Imperial Bank of Commerce has witnessed growth rate of 0.234% . Looking back over the past 3 years, this growth rate has been 3.85%. Furthermore, examining the past 5 years, Canadian Imperial Bank of Commerce has maintained an average Dividends Per Share Growth Rate of 4.46%.
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About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Mar... CM Profile

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StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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