GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Imperial Bank of Commerce (TSX:CM) » Definitions » Dividend Yield %

Canadian Imperial Bank of Commerce (TSX:CM) Dividend Yield % : 4.62% (As of Apr. 02, 2025)


View and export this data going back to 1961. Start your Free Trial

What is Canadian Imperial Bank of Commerce Dividend Yield %?

As of today (2025-04-02), the Trailing Annual Dividend Yield of Canadian Imperial Bank of Commerce is 4.62%.

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

TSX:CM' s Dividend Yield % Range Over the Past 10 Years
Min: 3.54   Med: 4.67   Max: 7.75
Current: 4.62

During the past 13 years, the highest Dividend Yield of Canadian Imperial Bank of Commerce was 7.75%. The lowest was 3.54%. And the median was 4.67%.

TSX:CM's Dividend Yield % is ranked better than
62.81% of 1245 companies
in the Banks industry
Industry Median: 3.77 vs TSX:CM: 4.62

Canadian Imperial Bank of Commerce's Dividend Payout Ratio for the three months ended in Jan. 2025 was 0.44.

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.

As of today (2025-04-02), the Forward Dividend Yield % of Canadian Imperial Bank of Commerce is 4.79%.

Canadian Imperial Bank of Commerce's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Dividend Yield % 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 Dividend Yield % Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.86 3.89 5.29 7.03 4.13

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 Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.74 5.51 5.00 4.13 4.01

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

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

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

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


;
;

Canadian Imperial Bank of Commerce 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 Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.9700002025-03-282025-03-282025-04-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.9700002024-12-272024-12-272025-01-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.9000002024-09-272024-09-272024-10-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.9000002024-06-282024-06-282024-07-29Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Canadian Imperial Bank of Commerce's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.74/81.55
=4.59 %

Current Share Price is C$81.55.
Canadian Imperial Bank of Commerce's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$3.74.

Canadian Imperial Bank of Commerce's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.88/81.55
=4.76 %

Current Share Price is C$81.55.
Canadian Imperial Bank of Commerce's Dividends per Share for the forward twelve months is calculated as C$0.97 * 4 = C$3.88.

* 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  (TSX:CM) 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 Dividend Yield % Related Terms

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


Canadian Imperial Bank of Commerce Business Description

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