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 5.56% that is well covered by earnings.
Key information
5.6%
Dividend yield
53%
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$6.42 |
Dividend yield forecast in 3Y | 5.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CM.PRQ's dividends per share have been stable in the past 10 years.
Growing Dividend: CM.PRQ'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.PRQ) | 5.6% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (CM.PRQ) | 5.6% |
Notable Dividend: CM.PRQ's dividend (5.56%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: CM.PRQ's dividend (5.56%) 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 (53.4%), CM.PRQ's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CM.PRQ's dividends in 3 years are forecast to be covered by earnings (51.4% payout ratio).