Canadian Imperial Bank of Commerce Stock Dividends
Canadian Imperial Bank of Commerce Stock Dividends Overview
CM.TO pays dividends quarterly. Last paid amount was $0.90 at Apr 29, 2024. As of today, dividend yield (TTM) is 7.60%.
Dividend Yield Range
AI Analysis of CM.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 7.60% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 3.45% |
| Payout Ratio | 0 |
| Amount Per Share | $0.90 |
| Next Ex-Dividend Date | Jun 28, 2024 |
| Next Payment Date | Jul 29, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from CM the purchase should be done within the next 1 days.
Here's a simple guide on how to buy CM stock.
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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 28, 2024 | Jun 28, 2024 | Jul 29, 2024 | $0.90 | 1.36% |
| 2 | Feb 29, 2024 | Mar 27, 2024 | Apr 29, 2024 | $0.90 | 1.39% |
| 3 | Nov 30, 2023 | Dec 28, 2023 | Jan 29, 2024 | $0.90 | 1.45% |
| 4 | Nov 30, 2023 | Dec 27, 2023 | Jan 29, 2024 | $0.90 | 1.45% |
| 5 | Sep 27, 2023 | Sep 27, 2023 | Oct 27, 2023 | $0.87 | 1.81% |
| 6 | Jun 27, 2023 | Jun 27, 2023 | Jul 28, 2023 | $0.87 | 1.50% |
| 7 | Mar 27, 2023 | Mar 27, 2023 | Apr 28, 2023 | $0.85 | 1.50% |
| 8 | Dec 23, 2022 | Dec 23, 2022 | Jan 27, 2023 | $0.85 | 1.43% |
| 9 | Sep 27, 2022 | Sep 27, 2022 | Oct 28, 2022 | $0.83 | 1.35% |
| 10 | May 26, 2022 | Jun 27, 2022 | Jul 28, 2022 | $0.83 | 1.29% |
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
Growth potential
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.TO pays a solid dividend yield of 7.60%, which is higher than the average of the bottom 25% of dividend payers in the CA market (1.93%). CM.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the CA market (10.95%), which means that there are more attractive dividend stocks to consider.
