Bullboard - Stock Discussion Forum Canadian Imperial Bank of Commerce CM

Primary Symbol: T.CM Alternate Symbol(s): T.CM.PR.Q | T.CM.PR.S | T.CM.PR.Y | T.CM.PR.O | T.CM.PR.P

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has 13million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, the Company offers a full range of advice, solutions and services through its digital banking network and... see more

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Canadian Imperial Bank of Commerce > Dividends for the Quarter Ending April 30, 2022

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Post by Betteryear2 on Feb 25, 2022 7:38pm

Dividends for the Quarter Ending April 30, 2022

TORONTO, Feb. 25, 2022 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $1.61 per share on common shares for the quarter ending April 30, 2022 payable on April 28, 2022 to shareholders of record at the close of business on March 28, 2022.

CIBC's dividend declared today for the quarter ending April 30, 2022 will not be affected by the proposed two-for-one share split of CIBC's issued and outstanding common shares (the "Share Split"). If the Share Split receives shareholder and regulatory approval and is implemented by CIBC's Board, all subsequent dividends declared by CIBC's Board are expected to reflect the Share Split.

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