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Canadian Imperial Bank of Commerce (CM) Ex-Dividend Date Scheduled for December 24, 2013
By: NASDAQ.com News
Canadian Imperial Bank of Commerce ( CM ) will begin trading ex-dividend on December 24, 2013. A cash dividend payment of $0.8991 per share is scheduled to be paid on January 28, 2014. Shareholders who purchased CM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -6.34% decrease from the prior quarter. At the current stock price of $84.94, the dividend yield is 4.23%.
The previous trading day's last sale of CM was $84.94, representing a -2.94% decrease from the 52 week high of $87.51 and a 21.48% increase over the 52 week low of $69.92.
CM is a part of the Finance sector, which includes companies such as Royal Bank Of Canada ( RY ) and Mitsubishi UFJ Financial Group Inc ( MTU ). CM's current earnings per share, an indicator of a company's profitability, is $7.88. Zacks Investment Research reports CM's forecasted earnings growth in 2014 as 1.28%, compared to an industry average of -.5%.