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Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and wealth, and international services; correspondent banking and online foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Canadian Imperial Bank of Commerce Dividend Announcement

Canadian Imperial Bank of Commerce announced a quarterly dividend of $0.72 per ordinary share which will be made payable on 2025-01-28. Ex dividend date: 2024-12-27
Canadian Imperial Bank of Commerce annual dividend for 2024 was $2.71
Canadian Imperial Bank of Commerce annual dividend for 2023 was $2.61
Canadian Imperial Bank of Commerce's trailing twelve-month (TTM) dividend yield is 2.85%
Canadian Imperial Bank of Commerce's payout ratio for the trailing twelve months (TTM) is 41.42%
Canadian Imperial Bank of Commerce's dividend growth over the last five years (2018-2023) was -8.58% year
Canadian Imperial Bank of Commerce's dividend growth over the last ten years (2013-2023) was -3.61% year

Canadian Imperial Bank of Commerce Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-27$0.72quarterly2025-01-28
2024-09-27$0.67quarterly2024-10-28
2024-06-28$0.66quarterly2024-07-29
2024-03-27$0.66quarterly2024-04-29
2023-12-27$0.68quarterly2024-01-29
2023-09-27$0.64quarterly2023-10-27
2023-06-27$0.66quarterly2023-07-28
2023-03-27$0.62quarterly2023-04-28
2022-12-27$0.85quarterly2023-01-27
2022-12-23$0.62quarterly2023-01-27
2022-09-27$0.63quarterly2022-10-28
2022-06-27$0.66quarterly2022-07-28
2022-03-25$1.27quarterly2022-04-28
2021-12-28$3.22quarterly2022-01-28
2021-12-23$3.22quarterly2022-01-28
2021-09-27$1.16quarterly2021-10-28
2021-06-25$1.21quarterly2021-07-28
2021-03-26$1.16quarterly2021-04-28
2020-12-24$1.14quarterly2021-01-28
2020-09-25$1.12quarterly2020-10-28
2020-06-26$1.07quarterly2020-07-28
2020-03-26$1.03quarterly2020-04-28
2019-12-24$1.09quarterly2020-01-28
2019-09-26$1.08quarterly2019-10-28
2019-06-27$1.07quarterly2019-07-29
2019-03-27$2.80quarterly2019-04-29
2018-12-27$1.00quarterly2019-01-28
2018-09-27$1.04quarterly2018-10-29
2018-06-27$1.00quarterly2018-07-27
2018-03-27$1.04quarterly2018-04-27
2017-12-27$1.02quarterly2018-01-29
2017-09-27$1.30quarterly2017-10-27
2017-06-26$0.96quarterly2017-07-28
2017-03-24$0.95quarterly2017-04-28
2016-12-22$0.92quarterly2017-01-27
2016-09-26$0.92quarterly2016-10-28
2016-06-24$0.95quarterly2016-07-28
2016-03-23$0.90quarterly2016-04-28
2015-12-23$0.83quarterly2016-01-28
2015-09-24$0.84quarterly2015-10-28
2015-06-25$1.09quarterly2015-07-28
2015-03-25$0.85quarterly2015-04-28
2014-12-23$0.89quarterly2015-01-28
2014-09-25$1.00quarterly2014-10-28
2014-06-25$1.00quarterly2014-07-28
2014-03-26$0.98quarterly2014-04-28
2013-12-23$0.90quarterly2014-01-28
2013-09-25$0.96quarterly2013-10-28
2013-06-26$0.96quarterly2013-07-29
2013-03-26$0.94quarterly2013-04-29

Canadian Imperial Bank of Commerce Dividend per year

Canadian Imperial Bank of Commerce Dividend growth

Canadian Imperial Bank of Commerce Dividend Yield

Canadian Imperial Bank of Commerce current trailing twelve-month (TTM) dividend yield is 2.85%. Interested in purchasing Canadian Imperial Bank of Commerce stock? Use our calculator to estimate your expected dividend yield:

Canadian Imperial Bank of Commerce Financial Ratios

P/E ratio12.54
PEG ratio-0.37
P/B ratio1.52
ROE12.61%
Payout ratio41.42%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Canadian Imperial Bank of Commerce Dividend FAQ

How much is the next Canadian Imperial Bank of Commerce dividend?
Canadian Imperial Bank of Commerce's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Canadian Imperial Bank of Commerce dividend. The next Canadian Imperial Bank of Commerce dividend will be released in March, June, September, or December.
When is Canadian Imperial Bank of Commerce dividend paid?
Canadian Imperial Bank of Commerce pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Canadian Imperial Bank of Commerce pay?
The specific amount of Canadian Imperial Bank of Commerce dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canadian Imperial Bank of Commerce's dividend history.
Does Canadian Imperial Bank of Commerce stock pay dividends?
Yes, Canadian Imperial Bank of Commerce does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canadian Imperial Bank of Commerce's dividend history.
How much dividend does Canadian Imperial Bank of Commerce pay?
Canadian Imperial Bank of Commerce paid $2.708 in 2024, $2.606 in 2023, $4.031 in 2022, $9.96 in 2021, and $4.356 in 2020.
How often does Canadian Imperial Bank of Commerce pay dividends?
Canadian Imperial Bank of Commerce typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Canadian Imperial Bank of Commerce's dividend yield?
The current dividend yield for Canadian Imperial Bank of Commerce is 2.85%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Canadian Imperial Bank of Commerce's exact dividend yield.
When does Canadian Imperial Bank of Commerce go ex dividend?
Canadian Imperial Bank of Commerce's ex-dividend date for the latest dividend was on 2024-12-27. Canadian Imperial Bank of Commerce typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Canadian Imperial Bank of Commerce dividend paid?
Canadian Imperial Bank of Commerce pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Canadian Imperial Bank of Commerce increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Canadian Imperial Bank of Commerce will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Canadian Imperial Bank of Commerce dividend per share?
Canadian Imperial Bank of Commerce paid $2.708 per share in 2024 and $2.606 per share in 2023. The amount of dividend per share that Canadian Imperial Bank of Commerce pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Canadian Imperial Bank of Commerce a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Canadian Imperial Bank of Commerce a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Canadian Imperial Bank of Commerce a dividend stock?
Yes, Canadian Imperial Bank of Commerce is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Canadian Imperial Bank of Commerce a good dividend stock?
Whether Canadian Imperial Bank of Commerce is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Canadian Imperial Bank of Commerce has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Canadian Imperial Bank of Commerce as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Canadian Imperial Bank of Commerce pay dividends monthly?
Canadian Imperial Bank of Commerce typically pays dividends on a quarterly basis.
Does Canadian Imperial Bank of Commerce pay dividends quarterly?
Canadian Imperial Bank of Commerce currently pays dividends on a quarterly basis.
Has Canadian Imperial Bank of Commerce ever paid a dividend?
Yes, Canadian Imperial Bank of Commerce has a history of paying dividends to its shareholders. Canadian Imperial Bank of Commerce is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Canadian Imperial Bank of Commerce dividend stocks?
To buy Canadian Imperial Bank of Commerce you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Canadian Imperial Bank of Commerce stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Canadian Imperial Bank of Commerce pay dividends 2024?
Canadian Imperial Bank of Commerce pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Canadian Imperial Bank of Commerce increase its dividend in 2024?
Decisions regarding Canadian Imperial Bank of Commerce dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Canadian Imperial Bank of Commerce dividend overview you can look into the above table of dividend history.
How Canadian Imperial Bank of Commerce dividend works?
The Canadian Imperial Bank of Commerce dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Canadian Imperial Bank of Commerce's dividend process works:

1. Determination of Dividend: Canadian Imperial Bank of Commerce's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Canadian Imperial Bank of Commerce publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Canadian Imperial Bank of Commerce distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Canadian Imperial Bank of Commerce are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Canadian Imperial Bank of Commerce dividends paid?
Canadian Imperial Bank of Commerce dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Canadian Imperial Bank of Commerce sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Canadian Imperial Bank of Commerce distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Canadian Imperial Bank of Commerce declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Canadian Imperial Bank of Commerce pay dividends?
Canadian Imperial Bank of Commerce typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Canadian Imperial Bank of Commerce pay dividends?
The general pattern is that Canadian Imperial Bank of Commerce pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Canadian Imperial Bank of Commerce dividend safe?
The safety of Canadian Imperial Bank of Commerce's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Canadian Imperial Bank of Commerce's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Canadian Imperial Bank of Commerce's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.