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Canadian Imperial Bank of Commerce (TSX:CM.PR.R.PFD) Dividend Yield % : 4.40% (As of Apr. 26, 2024)


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What is Canadian Imperial Bank of Commerce Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Canadian Imperial Bank of Commerce is 4.40%.

Warning Sign:

Canadian Imperial Bank of Commerce stock dividend yield is close to 1-year low.

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.PR.R.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 3.54   Med: 4.62   Max: 7.75
Current: 4.4

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 4.62%.

TSX:CM.PR.R.PFD's Dividend Yield % is ranked better than
70.04% of 1205 companies
in the Banks industry
Industry Median: 3.98 vs TSX:CM.PR.R.PFD: 4.40

Canadian Imperial Bank of Commerce's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.00.

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 (2024-04-26), the Forward Dividend Yield % of Canadian Imperial Bank of Commerce is 4.40%.

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

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 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.

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Canadian Imperial Bank of Commerce Dividend Yield % Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
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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
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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  (TSX:CM.PR.R.PFD) 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

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Canadian Imperial Bank of Commerce (TSX:CM.PR.R.PFD) Business Description

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

Canadian Imperial Bank of Commerce (TSX:CM.PR.R.PFD) Headlines

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