In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CM is likely to continue, and whether the current estimated yield of 3.73% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CM shares, versus its 200 day moving average:
Looking at the chart above, CM's low point in its 52 week range is $69.43 per share, with $117.05 as the 52 week high point — that compares with a last trade of $114.51.
According to the ETF Finder at ETF Channel, CM makes up 2.02% of the Invesco International Dividend Achievers ETF (Symbol: PID) which is trading higher by about 0.5% on the day Thursday. (see other ETFs holding CM).
In Thursday trading, Canadian Imperial Bank Of Commerce (Toronto, Ontario) shares are currently up about 0.8% on the day.
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Further CM Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
