Canadian Imperial Bank of Commerce ( CM ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.9173 per share is scheduled to be paid on April 29, 2013. Shareholders who purchased CM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -3.12% decrease from the prior quarter.
The previous trading day's last sale of CM was $79.44, representing a -5.85% decrease from the 52 week high of $84.38 and a 19.78% increase over the 52 week low of $66.32.
CM is a part of the Finance sector, which includes companies such as Westpac Banking Corporation ( WBK ) and Royal Bank Of Canada ( RY ). CM's current earnings per share, an indicator of a company's profitability, is $7.76. Zacks Investment Research reports CM's forecasted earnings growth in 2013 as 2.75%, compared to an industry average of -2.5%.
For more information on the declaration, record and payment dates, visit the CM Dividend History page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.