Canadian Imperial Bank of Commerce (Canadian Imperial Bank of Commerce) Dividend Payout Ratio

: 0.50 (As of Jan. 2024)

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Canadian Imperial Bank of Commerce's dividend payout ratio for the months ended in Jan. 2024 was 0.50.

The historical rank and industry rank for Canadian Imperial Bank of Commerce's Dividend Payout Ratio or its related term are showing as below:

CM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.46 Max: 0.6
Current: 0.51

During the past 13 years, the highest Dividend Payout Ratio of Canadian Imperial Bank of Commerce was 0.60. The lowest was 0.40. And the median was 0.46.

CM's Dividend Payout Ratio is ranked worse than
75.66% of 1093 companies
in the Banks industry
Industry Median: 0.33 vs CM: 0.51

As of today (2024-04-19), the Dividend Yield % of Canadian Imperial Bank of Commerce is 5.52%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian Imperial Bank of Commerce was 7.75%. The lowest was 3.54%. And the median was 4.62%.

Canadian Imperial Bank of Commerce's Dividends per Share for the months ended in Jan. 2024 was $0.67.

During the past 12 months, Canadian Imperial Bank of Commerce's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Imperial Bank of Commerce was 28.30% per year. The lowest was 0.20% per year. And the median was 6.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Canadian Imperial Bank of Commerce Dividend Payout Ratio Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Imperial Bank of Commerce Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

0.47

0.60

0.40

0.46

0.51

Canadian Imperial Bank of Commerce Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio																0.44	0.50	0.51	0.55	0.50

Competitive Comparison

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Imperial Bank of Commerce Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Dividend Payout Ratio falls into.

Canadian Imperial Bank of Commerce Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Canadian Imperial Bank of Commerce's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2023 )	/	EPS without NRI (A: Oct. 2023 )
	=	2.509	/	4.901
	=	0.51

Canadian Imperial Bank of Commerce's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.67	/	1.348
	=	0.50

Canadian Imperial Bank of Commerce (NYSE:CM) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Canadian Imperial Bank of Commerce Dividend Payout Ratio Related Terms

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Canadian Imperial Bank of Commerce (Canadian Imperial Bank of Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Imperial Bank of Commerce (NYSE:CM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CAI:Germany CAI:Germany CM.PR.Y.PFD:Canada CM.PR.T.PFD:Canada CM.PR.S.PFD:Canada CM.PR.Q.PFD:Canada CM.PR.P.PFD:Canada CM.PR.O.PFD:Canada CM:Canada

Address

81 Bay Street, CIBC Square, Toronto, ON, CAN, M5J 0E7

Website

https://www.cibc.com

Canadian Imperial Bank of Commerce is Canada's fifth-largest bank and operates three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.