Canadian Imperial Bank of Commerce (CM) Ex-Dividend Date Scheduled for June 27, 2018

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Canadian Imperial Bank of Commerce ( CM ) will begin trading ex-dividend on June 27, 2018. A cash dividend payment of $1.026 per share is scheduled to be paid on July 27, 2018. Shareholders who purchased CM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -2.01% decrease from the prior dividend payment. At the current stock price of $87.16, the dividend yield is 4.71%.

The previous trading day's last sale of CM was $87.16, representing a -12.85% decrease from the 52 week high of $100.01 and a 10.54% increase over the 52 week low of $78.85.

CM is a part of the Finance sector, which includes companies such as Royal Bank Of Canada ( RY ) and Toronto Dominion Bank ( TD ). CM's current earnings per share, an indicator of a company's profitability, is $8.64. Zacks Investment Research reports CM's forecasted earnings growth in 2018 as 4.05%, compared to an industry average of 6.2%.

For more information on the declaration, record and payment dates, visit the CM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to CM through an Exchange Traded Fund [ETF]?
The following ETF(s) have CM as a top-10 holding:

  • iShares Trust ( IPFF )
  • VanEck Vectors Morningstar International Moat ETF ( MOTI )
  • FlexShares Ready Access Variable Income Fund ( RAVI ).

The top-performing ETF of this group is RAVI with an decrease of -0.12% over the last 100 days. IPFF has the highest percent weighting of CM at 2.03%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: CM , RY , TD , IPFF , MOTI , RAVI

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