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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 May 13, 2021 8:25pm
245 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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