Canadian Imperial Bank of Commerce Dividend
Dividend criteria checks 5/6
Canadian Imperial Bank of Commerce is a dividend paying company with a current yield of 5.43% that is well covered by earnings.
Key information
5.4%
Dividend yield
54%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$6.46 |
Dividend yield forecast in 3Y | 5.9% |
Recent dividend updates
Recent updates
Canadian Imperial Bank of Commerce (TSE:CM) Is Increasing Its Dividend To CA$0.87
May 28Canadian Imperial Bank of Commerce (TSE:CM) Ticks All The Boxes When It Comes To Earnings Growth
Sep 04Here's Why I Think Canadian Imperial Bank of Commerce (TSE:CM) Might Deserve Your Attention Today
May 20Earnings Beat: Canadian Imperial Bank of Commerce Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 01Here's Why I Think Canadian Imperial Bank of Commerce (TSE:CM) Might Deserve Your Attention Today
Dec 31Canadian Imperial Bank of Commerce (TSE:CM) Is Paying Out A Larger Dividend Than Last Year
Dec 05Canadian Imperial Bank of Commerce (TSE:CM) Is Due To Pay A Dividend Of CA$1.46
Sep 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CM's dividends per share have been stable in the past 10 years.
Growing Dividend: CM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canadian Imperial Bank of Commerce Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CM) | 5.4% |
Market Bottom 25% (CA) | 1.8% |
Market Top 25% (CA) | 6.5% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (CM) | 5.9% |
Notable Dividend: CM's dividend (5.43%) is higher than the bottom 25% of dividend payers in the Canadian market (1.84%).
High Dividend: CM's dividend (5.43%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), CM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CM's dividends in 3 years are forecast to be covered by earnings (51.1% payout ratio).