TORONTO, May 26, 2016 /CNW/ - CIBC (TSX: CM;
NYSE: CM) announced today that its Board of Directors declared a
dividend of $1.21 per share on common
shares for the quarter ending July 31,
2016, an increase of three
cents from the previous quarter. This dividend is payable on
July 28, 2016 to shareholders of
record at the close of business on June 28,
2016.
Class A Preferred Shares
The Board of Directors also
declared the following dividends per share:
For the quarter ending July 31,
2016 payable on July 28, 2016
to shareholders of record at the close of business on June 28, 2016:
Series 39 - $0.243750
Series 41 - $0.234375
Series 43 - $0.225000
About CIBC
CIBC is a leading Canadian-based global financial institution
with 11 million personal banking and business clients. Through our
three major business units – Retail and Business Banking, Wealth
Management and Capital Markets – CIBC offers a full range of
products and services through its comprehensive electronic banking
network, branches and offices across Canada with offices in the United States and around the world. You
can find other news releases and information about CIBC on our
corporate website at www.cibc.com/ca/media-centre/.
SOURCE CIBC - Investor Relations