Canadian Imperial Bank of Commerce T.CM

Any toughts on dividends hikes ?

[Wewillwin]

??

[stockboy200017]

I don't think the banks can increase dividends yet.  Still on hold

[fakmiz]

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

[smush74]

OSFI has stopped dividend increases, share buybacks on the big sixl banks, but capital levels are now at record highs maybe end of June rules may be relaxed if they follow US federal reserve. These adjustments were put in place at the start of the pandemic to give the banks the flexibility to address stressed conditions, but now that markets have stabilized the measures are no longer required

[pennymaker69]

I think they going to split first.

[youknowwhat]

I went to the government web site and the feeling is no buy backs or dividend increases until the third quarter results at the earliest. The worry is default loans once the lock downs are over and evrything is open.  Personally I would hope they would not do a split until the stock hit the $150.00 area and then only a 2 for 1. I am nort a big fan of splits but i do understand why some like