CCIXF.PFD (Canadian Imperial Bank of Commerce) Forward Dividend Yield % : 4.40% (As of Dec. 15, 2024)

View and export this data going back to 2019. Start your Free Trial

What is Canadian Imperial Bank of Commerce Forward Dividend Yield %?

As of today (2024-12-15), the Forward Annual Dividend Yield of Canadian Imperial Bank of Commerce is 4.40%.

As of today (2024-12-15), the Trailing Annual Dividend Yield of Canadian Imperial Bank of Commerce is 4.44%.

CCIXF.PFD's Forward Dividend Yield % is ranked better than
55.4% of 1222 companies
in the Banks industry
Industry Median: 3.78 vs CCIXF.PFD: 4.40

Canadian Imperial Bank of Commerce's Dividends per Share for the three months ended in Oct. 2024 was $0.00.

During the past 12 months, Canadian Imperial Bank of Commerce's average Dividends Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.80% 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 6.30% per year.

The growth rate is calculated with least square regression.

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

Competitive Comparison of Canadian Imperial Bank of Commerce's Forward Dividend Yield %

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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's Forward Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where Canadian Imperial Bank of Commerce's Forward Dividend Yield % falls into.

Canadian Imperial Bank of Commerce Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Canadian Imperial Bank of Commerce (OTCPK:CCIXF.PFD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Canadian Imperial Bank of Commerce Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Canadian Imperial Bank of Commerce's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Imperial Bank of Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Imperial Bank of Commerce (OTCPK:CCIXF.PFD) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

CM:USA 0UNI:UK CAI:Germany CAI:Germany CM.PR.S.PFD:Canada CM.PR.Q.PFD:Canada CM.PR.P.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.