Canadian Imperial Bank of Commerce (CM) Dividend History
Income profile from 1997 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
47.4% payout ratio with sustainable safety profile.
Consistency
3 straight years of dividend increases.
Income Trend
Yield on cost is 6.8% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (30 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Canadian Imperial Bank of Commerce distributes 47.4% of earnings as dividends (Sustainable).
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
CM has raised its dividend for 3 consecutive years, with a 3-year CAGR of 4.4% and 5-year CAGR of 5.7%.
Total Shareholder Returns
Beyond cash dividends, CM returns capital through share repurchases. The combined picture: 3.1% dividend yield, 2.4% buyback yield, 5.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.8% and is currently rising. The 5-year total return is 145.8%, with dividends contributing 30.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $38,023 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 27, 2026Latest | $0.7800 | ↓ -0.2% | 2.94% | Apr 28, 2026 |
| Dec 29, 2025 | $0.7812 | ↑ +12.2% | 3.12% | Jan 28, 2026 |
| Sep 29, 2025 | $0.6965 | ↓ -2.0% | 3.48% | Oct 28, 2025 |
| Jun 27, 2025 | $0.7110 | ↑ +6.1% | 3.93% | Jul 28, 2025 |
| Mar 28, 2025 | $0.6700 | ↓ -2.9% | 4.78% | Apr 28, 2025 |
| Dec 27, 2024 | $0.6900 | ↑ +3.3% | 4.26% | Jan 28, 2025 |
| Sep 27, 2024 | $0.6680 | ↑ +1.7% | 4.36% | Oct 28, 2024 |
| Jun 28, 2024 | $0.6570 | ↓ -0.9% | 5.57% | Jul 29, 2024 |
Dividend Peer Comparison
Peer group: North American universal banks
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
CMCanadian Imperial Ba… | $93.6B | 3.1% | 47.4% | 3 | Sustainable |
JPMJPMorgan Chase & Co. | $809.7B | 1.7% | 25.3% | 14 | Sustainable |
BACBank of America Corp… | $379.2B | 2.5% | 31.2% | 6 | Sustainable |
WFCWells Fargo & Compan… | $251.8B | 1.8% | 26.0% | 3 | Sustainable |
RYRoyal Bank of Canada | $234.2B | 2.7% | 43.2% | 2 | Sustainable |
CCitigroup Inc. | $192.6B | 2.5% | 41.0% | 3 | Sustainable |
3rd TDThe Toronto-Dominion… | $163.3B | 3.3% | 37.3% | 2 | Sustainable |
2nd BMOBank of Montreal | $102.0B | 3.5% | 57.8% | 2 | Sustainable |
1st BNSThe Bank of Nova Sco… | $93.7B | 4.2% | 68.9% | 1 | Watch |
Annual Dividend History
34 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.78 | — | 1 | — | — | — | 1.8% |
| 2025 | $2.86 | 6.7% | 4 | $8.57 | 33.4% | 3.00x | 6.8% |
| 2024 | $2.68 | 2.7% | 4 | $7.28 | 36.8% | 2.72x | 6.3% |
| 2023 | $2.61 | 3.7% | 4 | $5.17 | 50.4% | 1.98x | 6.2% |
| 2022 | $2.51 | -25.1% | 4 | $6.68 | 37.6% | 2.66x | 5.9% |
| 2021 | $3.36 | 55.1% | 4 | $6.96 | 48.3% | 2.07x | 7.9% |
| 2020 | $2.16 | -28.4% | 4 | $4.11 | 52.7% | 1.90x | 5.1% |
| 2019 | $3.02 | 48.1% | 4 | $5.60 | 54.0% | 1.85x | 7.2% |
| 2018 | $2.04 | 2.4% | 4 | $5.83 | 35.0% | 2.86x | 4.8% |
| 2017 | $1.99 | 7.9% | 4 | $5.62 | 35.5% | 2.82x | 4.7% |
See CM's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does CM pay per share?
Canadian Imperial Bank of Commerce (CM) pays a trailing 12-month dividend of $4.24 per share, with a current dividend yield of +3.1%. Payments are made Annual.
When is CM's next ex-dividend date?
CM's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CM typically pays dividends Annual.
Is CM's dividend safe?
CM's dividend safety is rated "Sustainable" based on an earnings payout ratio of +47.4% and FCF payout ratio of N/A. The 3-year growth streak provides moderate confidence.
Is CM a Dividend Payer?
Yes, Canadian Imperial Bank of Commerce is classified as a Dividend Payer with 3 consecutive years of dividend increases. The 5-year dividend CAGR is +5.7%, demonstrating above-inflation dividend growth.
How often does CM pay dividends?
Canadian Imperial Bank of Commerce pays dividends Annual. The trailing 12-month total is $4.24 per share. Dividend data on this page covers 29+ years from 1997 to 2026.
How much would $10,000 invested in CM grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CM five years ago would be worth approximately $24,578 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CM's yield on cost for long-term holders?
CM's yield on cost — the current dividend divided by the original purchase price — is +6.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.1% market yield, thanks to consistent dividend growth.