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 4.24% that is well covered by earnings.
Key information
4.2%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.743 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Canadian Imperial Bank Of Commerce: Low Net Interest Margins Offset By Low Nonperforming Loans
Jan 16Canadian Imperial Bank of Commerce Reaches For Higher Growth Even As Share Price Peaks Near Highs
Nov 12Canadian Imperial Bank of Commerce: Earnings Buoyed By Robust Revenue And Lower Provisions
Aug 29Canadian Imperial Bank of Commerce: Encouraging Growth In Trading Revenues
Jun 09Taking Profits In Canadian Imperial Bank
May 31Canadian 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 09Stability 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) | 4.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (CM) (up to 3 years) | 5.0% |
Notable Dividend: CM's dividend (4.24%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: CM's dividend (4.24%) is low compared to the top 25% of dividend payers in the US market (4.43%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.4%), CM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CM's dividends in 3 years are forecast to be covered by earnings (54.5% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/03 06:48 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Canadian Imperial Bank of Commerce is covered by 33 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Rosen | Accountability Research Corporation |
| John Aiken | Barclays |
| Brian Morton | Barclays |