Canadian Imperial Bank of CommerceMEX:CMN 71 Dividend Payout Ratio is 0.42 as of Apr. 2026, which is 9% below its 10-year median of 0.46. GuruFocus rates MEX:CMN with a GF Score™ of 71/100. The stock has 8 warning signs investors should review. Among 1,168 Banks companies, Canadian Imperial Bank of Commerce ranks worse than 66.01% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Canadian Imperial Bank of Commerce's Dividend Payout Ratio for the
months ended in Apr. 2026 was 0.42.
The historical rank and industry rank for Canadian Imperial Bank of Commerce's Dividend Payout Ratio or its related term are showing as below:
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.
MEX:CMN's Dividend Payout Ratio is not ranked *
in the Banks industry.
Industry Median: 0.32 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian Imperial Bank of Commerce was 7.75%. The lowest was 2.52%. And the median was 4.65%.
During the past 12 months, Canadian Imperial Bank of Commerce's average Dividends Per Share Growth Rate was 9.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 6.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.60% 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 6.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Canadian Imperial Bank of Commerce (MEX:CMN) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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
Canadian Imperial Bank of Commerce Dividend Payout Ratio Historical Data
* 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.
Canadian Imperial Bank of Commerce Dividend Payout Ratio Chart
MEX:CMN vs JPM, BAC, WFC: Dividend Payout Ratio 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 vs Banks Industry
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
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* 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.
Canadian Imperial Bank of Commerce (MEX:CMN) has a Dividend Payout Ratio of 0.42 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canadian Imperial Bank of Commerce and its competitors. This is near median its historical median of 0.46. Over the past decade, Canadian Imperial Bank of Commerce's Dividend Payout Ratio has ranged from 0.40 to 0.60. According to the industry distribution chart, Canadian Imperial Bank of Commerce ranks #771 out of 1168 companies in the Banks industry, placing it in the top 66%.
Is Canadian Imperial Bank of Commerce's Dividend Payout Ratio too high?
Canadian Imperial Bank of Commerce's current Dividend Payout Ratio of 0.42 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.60. The Banks industry median Dividend Payout Ratio is 0.32. Canadian Imperial Bank of Commerce's value of 0.42 is 31.3% above this industry median. Based on the distribution chart, Canadian Imperial Bank of Commerce ranks #771 out of 1168 companies in the Banks industry, which is below the industry midpoint. Overall, Canadian Imperial Bank of Commerce has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Imperial Bank of Commerce's Dividend Payout Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Canadian Imperial Bank of Commerce ranks #771 out of 1168 companies for Dividend Payout Ratio. This places Canadian Imperial Bank of Commerce in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Canadian Imperial Bank of Commerce's value of 0.42 is 31.3% above this benchmark. Historically, Canadian Imperial Bank of Commerce's own Dividend Payout Ratio has ranged from 0.40 to 0.60 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.32, Canadian Imperial Bank of Commerce has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,168 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Imperial Bank of Commerce's current Dividend Payout Ratio of 0.42 is 31.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canadian Imperial Bank of Commerce and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Imperial Bank of Commerce's current Dividend Payout Ratio is 0.42, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Imperial Bank of Commerce stock overvalued right now?
Canadian Imperial Bank of Commerce (MEX:CMN) has a current Dividend Payout Ratio of 0.42. The current Dividend Payout Ratio is 0.42, which is near median its 10-year median of 0.46 and 31.3% above the Banks industry median of 0.32. Canadian Imperial Bank of Commerce's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Canadian Imperial Bank of Commerce (MEX:CMN), the current Dividend Payout Ratio is 0.42 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Canadian Imperial Bank of Commerce Business Description
Canadian Imperial Bank of Commerce is Canada's fifth-largest bank with over CAD 1.1 trillion in assets at the end of fiscal 2025. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It serves approximately 14 million personal banking and business customers, primarily in Canada and the US.
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