Canadian Imperial Bank of Commerce (TSX:CM) Dividend Payout Ratio : 0.44 (As of Jan. 2025)

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What is Canadian Imperial Bank of Commerce Dividend Payout Ratio?

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 Jan. 2025 was 0.44.

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

TSX:CM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.46 Max: 0.6
Current: 0.47

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.

TSX:CM's Dividend Payout Ratio is ranked worse than
67.51% of 1148 companies
in the Banks industry
Industry Median: 0.35 vs TSX:CM: 0.47

As of today (2025-03-30), the Dividend Yield % of Canadian Imperial Bank of Commerce is 4.65%.

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 4.67%.

Canadian Imperial Bank of Commerce's Dividends per Share for the months ended in Jan. 2025 was C$0.97.

During the past 12 months, Canadian Imperial Bank of Commerce's average Dividends Per Share Growth Rate was 5.20% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

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.

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Canadian Imperial Bank of Commerce Dividend Payout Ratio Chart

Canadian Imperial Bank of Commerce Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Dividend Payout Ratio

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0.60

0.40

0.46

0.51

0.49

Canadian Imperial Bank of Commerce Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Dividend Payout Ratio	Get a 7-Day Free Trial															0.50	0.51	0.47	0.47	0.44

Competitive Comparison of Canadian Imperial Bank of Commerce's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

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Canadian Imperial Bank of Commerce Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2024 )	/	EPS without NRI (A: Oct. 2024 )
	=	3.6	/	7.4
	=	0.49

Canadian Imperial Bank of Commerce's Dividend Payout Ratio for the quarter that ended in Jan. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2025 )	/	EPS without NRI (Q: Jan. 2025 )
	=	0.97	/	2.2
	=	0.44

Canadian Imperial Bank of Commerce (TSX:CM) 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

Thank you for viewing the detailed overview of Canadian Imperial Bank of Commerce's Dividend Payout Ratio 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 (TSX:CM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CM:USA 0UNI:UK CAI:Germany CAI:Germany CM.PR.S.PFD:Canada CM.PR.Q.PFD: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 with around CAD 1 trillion in assets. 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.

Executives

Susan Rimmer	Senior Officer
Sandy Sharman	Senior Officer
Robert Sedran	Senior Officer
Harry Kenneth Culham	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Victor George Dodig	Director, Senior Officer
Frank Guse	Senior Officer
Christina Charlotte Kramer	Senior Officer
Shawn Beber	Senior Officer
Katharine Berghuis Stevenson	Director
Mary Lou Katherine Maher	Director
Laura Lee Dottori-attanasio	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
John Hountalas	Senior Officer
Michael Capatides	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Nanci Ellen Caldwell	Director
Patrick Darold Daniel	Director