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Canadian Imperial Bank of Commerce T.CM

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

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.


TSX:CM - Post by User

Comment by fakmizon Apr 15, 2011 4:10pm
462 Views
Post# 18439202

RE: Must be tough

RE: Must be toughSorry to disappoint Frankie but this doesn't bother me at all. I've been in for the long term and majority shares at cost $18.50 ps. Also bought some in 2008 @ $36 so at cost dividends providing a 18 and 9.50% return. Great retirement investment. Also I anticipate that there will be a dividend increase either after July 2011 results or Oct Y/E results.

You can't compare the previously value @$107 to todays value as the majority of stocks are less than their highs, 3 years ago.

I beleive you have to consider the percentage increase in value since then, especially if you bought at the lows.
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