TORONTO, May 25, 2023
/CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that its Board of
Directors declared a dividend of $0.87 per share on common shares for the quarter
ending July 31, 2023, an increase of
$0.02 per share from the previous
quarter. This dividend is payable on July
28, 2023 to shareholders of record at the close of business
on June 28, 2023.
Class A Preferred Shares
The Board of Directors also declared the following dividends per
share:
For the period ending July 31,
2023 payable on July 28, 2023
to shareholders of record at the close of business on June 28, 2023:
Series 39 - $0.232063
Series 41 - $0.244313
Series 43 - $0.196438
Series 47 - $0.367375
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