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Canadian Imperial Bank of Commerce T.CM

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

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.


TSX:CM - Post by User

Comment by fakmizon May 13, 2021 8:25pm
205 Views
Post# 33200746

RE:Any toughts on dividends hikes ?

RE:Any toughts on dividends hikes ?I Understand that any company that is receiving Government funds under it's various programs to subsidize wages etc due to Covid, cannot increase dividends etc. for shareholders until such time as they cease receiving such funds. There is no doubt that all the Banks and other companies that qualify are taking advantage of these moneies therefore they cannot increase dividends.   I believe that once this disease is under contol and the Government programs are discointinued we'll see a nice increase in the dividends.  I however would not be surprised to see a stock split soon given the small number of CIBC shares issued compared to other banks. 
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