TORONTO, May 26, 2022
/CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that its Board of
Directors declared a dividend of $0.83 per share on common shares(1)
for the quarter ending July 31, 2022,
payable on July 28, 2022 to
shareholders of record at the close of business on June 28, 2022.
Class A Preferred Shares
The Board of Directors also declared the following dividends per
share:
For the period ending July 31,
2022 payable on July 28, 2022
to shareholders of record at the close of business on June 28, 2022:
Series 39 - $0.232063
Series 41 - $0.244313
Series 43 - $0.196438
Series 45 - $0.275000
Series 47 - $0.281250
Series 49 - $0.325000
Series 51 - $0.321875
(1) CIBC completed a
two-for-one share split of CIBC common shares effective at the
close of business on May 13, 2022. All per common share amounts in
this news release reflect the share split.
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About CIBC
CIBC is a leading North American financial institution with 11
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