Canadian Imperial Bank of Commerce Dividend
Dividend criteria checks 6/6
Canadian Imperial Bank of Commerce is a dividend paying company with a current yield of 5.5% that is well covered by earnings.
Key information
5.5%
Dividend yield
53%
Payout ratio
Industry average yield | 6.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €6.42 |
Dividend yield forecast in 3Y | 5.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CAI's dividends per share have been stable in the past 10 years.
Growing Dividend: CAI'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 (CAI) | 5.5% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Banks) | 6.5% |
Analyst forecast in 3 Years (CAI) | 5.6% |
Notable Dividend: CAI's dividend (5.5%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: CAI's dividend (5.5%) is in the top 25% of dividend payers in the German market (4.61%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), CAI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CAI's dividends in 3 years are forecast to be covered by earnings (51.4% payout ratio).