TORONTO, Dec. 1, 2022
/CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that its Board of
Directors declared a dividend of $0.85 per share on common shares for the quarter
ending January 31, 2023, an increase
of two cents from the previous
quarter. This dividend is payable on January
27, 2023 to shareholders of record at the close of business
on December 28, 2022.
Class A Preferred Shares
The Board of Directors also
declared the following dividends per share:
For the period ending January 31,
2023 payable on January 27,
2023 to shareholders of record at the close of business on
December 28, 2022:
Series 39 - $0.232063
Series 41 - $0.244313
Series 43 - $0.196438
Series 47 - $0.281250
Series 49 - $0.325000
Series 51 - $0.321875
About CIBC
CIBC is a leading North American financial
institution with 13 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