Canadian Imperial Bank of Commerce T.CM.P.Q

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

Financial Services

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 locations across Canada, with offices in the United States and around the world. Its personal banking offers products and services, including bank accounts, credit cards, mortgages, lending, investments, insurance, ways to bank and smart advice. Its business banking products and services include accounts, credit cards, borrowing, investing, cash management, smart business advice and healthcare. It also offers various business solution, including Managing Cash Flow, Financing Your Business and Day-to-Day Banking.

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Canadian Imperial Bank of Commerce > Ex-Dividend Sept. 27/23...

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Post by joebravoon Sep 26, 2023 7:21am

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Ex-Dividend Sept. 27/23...

I don't pay too much attention to ex-dividend because I've held CM stock for a while now, but a question if anyone cares to reply.

From my understanding, even though tomorrow is ex-dividend, those who buy today do not qualify for the dividend because you actually need to settle your account by tomorrow. So, would you not have to have purchased CM shares either last Friday or the latest, yesterday?

I could be wrong, but if anyone could clarify this, I would appreciate it. Thanks.

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A junior copper-gold stock trading at a bargain of monumental proportions