Canadian Imperial Bank of Commerce (CM) Dividends & Splits

The Canadian Imperial Bank of Commerce (CM) is known for its consistent dividend payments and regular stock splits. The bank has a long history of providing income to its shareholders through dividends. Currently, the dividend yield for CM is approximately X%, making it an attractive option for income investors. The payout ratio, which measures the proportion of earnings paid out as dividends, is around X%, indicating that the bank is committed to returning profits to its shareholders.

Investors who are interested in CM's dividends should take note of the ex-date, which is the date on which the stock begins trading without the dividend. This is an important date for investors, as they must own the stock before the ex-date in order to be eligible for the dividend payment. CM has also undergone stock splits in the past, which have increased the number of shares available to investors. The split multiple for CM was X, meaning that for every X shares held, investors received an additional share. These stock splits can often attract new investors, as the lower share price makes the stock more affordable.