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 5.6% that is well covered by earnings.
Key information
5.6%
Dividend yield
53%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$6.42 |
| Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Canadian Imperial Bank: Buy This Quality Dividend At The Right Price
Apr 07Canadian Imperial Bank of Commerce: Grab The 6% Dividend Yield And Double-Digit Earnings Growth
Jan 15Buying CIBC Ahead Of Earnings
Nov 28Canadian Imperial Bank of Commerce: Strong Business Despite Weaker Profits
Oct 02Canadian Imperial Bank of Commerce: Buy A Safe Bank With A 6.2% Yield
Aug 16Canadian Imperial Bank of Commerce: Better, But Still Bad
Aug 09Canadian Imperial Bank Of Commerce: Betting On This Bank With 6% Dividend Yield And Strong Liquidity
Jul 29Canadian Imperial Bank of Commerce: Pressure On Trading Revenues Continues Despite Rising Rates
May 29Canadian Imperial Bank Non-GAAP EPS of C$1.94 beats by C$0.22, revenue of C$5.93B beats by C$210M
Feb 24CIBC to pay $770M to Cerberus SPV to settle lawsuit over 2008 transaction
Feb 17CIBC announces management changes to Canada division
Jan 13Canadian Banks Are Hot - Canadian Imperial Is Among Them
Nov 09Canadian Imperial Bank FY 2022 Earnings Preview
Aug 22Canadian Imperial Bank: Buy Or Sell After Its Stock Split? Factors To Consider
Jun 22Canadian Imperial Bank of Commerce: 154 Years Of Dividends And Counting
May 05Canadian Imperial Bank: Slowly Inching Toward A 'Buy'
Apr 27Canadian Imperial - 'Hold' My Bank, Please
Jan 31Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CM) | 5.6% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast in 3 Years (CM) | 5.7% |
Notable Dividend: CM's dividend (5.6%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CM's dividend (5.6%) is in the top 25% of dividend payers in the US market (4.74%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 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 (51.4% payout ratio).