TORONTO, May 25, 2023 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $0.87 per share on common shares for the quarter ending July 31, 2023, an increase of $0.02 per share from the previous quarter. This dividend is payable on July 28, 2023 to shareholders of record at the close of business on June 28, 2023.
Class A Preferred Shares
The Board of Directors also declared the following dividends per share:
For the period ending July 31, 2023 payable on July 28, 2023 to shareholders of record at the close of business on June 28, 2023:
Series 39 - $0.232063
Series 41 - $0.244313
Series 43 - $0.196438
Series 47 - $0.367375
Series 49 - $0.325000
Series 51 - $0.321875
About CIBC
CIBC is a leading North American financial institution with 13 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at https://www.cibc.com/en/about-cibc/media-centre.html.
SOURCE CIBC
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2023/25/c6704.html