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Canadian Imperial Bank of Commerce (CIBC)
Symbol CM
Shares Issued 906,003,982
Close 2022-11-30 C$ 64.79
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CIBC increases dividend to 85 cents per share

2022-12-01 09:40 ET - News Release

An anonymous director reports

CIBC INCREASES DIVIDENDS FOR THE QUARTER ENDING JANUARY 31, 2023

Canadian Imperial Bank of Commerce has declared a dividend of 85 cents per share on common shares for the quarter ending Jan. 31, 2023, an increase of two cents from the previous quarter. This dividend is payable on Jan. 27, 2023, to shareholders of record at the close of business on Dec. 28, 2022.

Class A preferred shares

The board of directors also declared the following dividends per share.

For the period ending Jan. 31, 2023, payable on Jan. 27, 2023, to shareholders of record at the close of business on Dec. 28, 2022:

  • Series 39 -- 23.2063 cents;
  • Series 41 -- 24.4313 cents;
  • Series 43 -- 19.6438 cents;
  • Series 47 -- 28.1250 cents;
  • Series 49 -- 32.5000 cents;
  • Series 51 -- 32.1875 cents.

About Canadian Imperial Bank of Commerce

CIBC is a leading North American financial institution with 13 million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network and locations across Canada, in the United States and around the world.

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