Canadian Imperial Bank of Commerce Dividends and Buybacks
Dividend criteria checks 5/6
Canadian Imperial Bank of Commerce is a dividend paying company with a current yield of 3.94% that is well covered by earnings.
Key information
3.9%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €3.600 |
| Payout ratio | 52% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CAI) | 3.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (CAI) (up to 3 years) | 4.7% |
Notable Dividend: CAI's dividend (3.94%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: CAI's dividend (3.94%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.7%), 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 (51.9% payout ratio).