Trailing Dividend / Share
$4.24
Canadian Imperial Bank of Commerce (CM) Dividend History
Income profile from 1997 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.6%
Payout Ratio
47.4%
Sustainable
Dividend Streak
10 years
CM Dividend Income Check
Safety
47.4% payout ratio with sustainable safety profile.
Consistency
10 straight years of dividend increases.
Income Trend
Yield on cost is 6.8% and trend is rising.
CM Dividend Scorecard
Yield & Income
Dividend Yield2.6%
Trailing DPS$4.24
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout47.4%
Earnings SafetySustainable
FCF Payout67.7%
FCF SafetyAdequate
Piotroski F-Score4/9
Growth
Growth Streak10 years
3Y CAGR-3.0%
5Y CAGR5.8%
Yield on Cost (5Y)6.8%
YOC Trendrising
Total Returns
Buyback Yield2.0%
Total Shareholder Yield4.6%
1Y Total Return69.1%
5Y Total Return118.2%
Div Contribution (5Y)25.0%
Estimated $10K growth (return + dividends):
5Y ago$21,82210Y ago$34,61520Y ago$46,849
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.
CM Income Growth Story
Dividend per share and yield on cost over time (30 years of payments)
CM Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Canadian Imperial Bank of Commerce distributes 47.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 67.7%, rated "Adequate".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
CM has raised its dividend for 10 consecutive years, with a 3-year CAGR of -3.0% and 5-year CAGR of 5.8%.
Total Shareholder Returns
Beyond cash dividends, CM returns capital through share repurchases. The combined picture: 2.6% dividend yield, 2.0% buyback yield, 4.6% 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 118.2%, with dividends contributing 25.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $34,615 today.
CM Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$14.44
Avg/Payment$0.7218
Latest Change-1.6%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 29, 2026Latest | $0.7583 | ↓ -1.6% | 2.71% | Jul 28, 2026 |
| Mar 27, 2026 | $0.7708 | ↓ -1.5% | 3.19% | Apr 28, 2026 |
| Dec 29, 2025 | $0.7827 | ↑ +12.2% | 3.13% | Jan 28, 2026 |
| Sep 29, 2025 | $0.6976 | ↓ -1.7% | 3.49% | Oct 28, 2025 |
| Jun 27, 2025 | $0.7098 | ↑ +4.5% | 3.94% | Jul 28, 2025 |
| Mar 28, 2025 | $0.6791 | ↓ -1.6% | 4.77% | 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 |
CM Dividend vs Peers
Comparable companies in the same industry
#8 yield in peer group
Div Yield
2.6%
#8 of 9
Safety
Sustainable
47.4% payout
Streak
10Y
5.8% 5Y CAGR
Total Shareholder
4.6%
#6 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| CMCanadian Imperial Ba… | $106.4B | 2.6% | 47.4% | 10 | Sustainable |
 TDThe Toronto-Dominion… | $201.9B | 2.6% | 37.3% | 10 | Sustainable |
 RYRoyal Bank of Canada | $283.4B | 2.2% | 43.2% | 10 | Sustainable |
 BMOBank of Montreal | $121.5B | 2.8% | 57.8% | 5 | Sustainable |
2nd  BNSThe Bank of Nova Sco… | $105.9B | 3.5% | 68.9% | 1 | Watch |
3rd  MFCManulife Financial C… | $67.4B | 3.4% | 57.1% | 12 | Sustainable |
 USBU.S. Bancorp | $93.2B | 3.4% | 41.8% | 15 | Sustainable |
 PNCThe PNC Financial Se… | $95.8B | 2.8% | 38.0% | 15 | Sustainable |
1st  TFCTruist Financial Cor… | $61.9B | 4.2% | 50.3% | 0 | Sustainable |
CM Annual Dividend History (1993–2026)
34 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.53 | — | 2 | — | — | — | 3.6% |
| 2025 | $2.87 | 7.1% | 4 | $8.57 | 33.5% | 2.99x | 6.8% |
| 2024 | $2.68 | 2.7% | 4 | $7.28 | 36.8% | 2.72x | 6.3% |
| 2023 | $2.61 | -17.1% | 4 | $5.17 | 50.4% | 1.98x | 6.2% |
| 2022 | $3.14 | -6.4% | 5 | $6.68 | 47.1% | 2.12x | 7.4% |
| 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% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into CM consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
29+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
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CM — Frequently Asked Questions
Quick answers to the most common questions about buying CM stock.
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 +2.6%. Payments are made Semi-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 Semi-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 +67.7%. The 10-year growth streak provides moderate confidence.
Is CM a Dividend Achiever?
Yes, Canadian Imperial Bank of Commerce is classified as a Dividend Achiever with 10 consecutive years of dividend increases. The 5-year dividend CAGR is +5.8%, demonstrating above-inflation dividend growth.
How often does CM pay dividends?
Canadian Imperial Bank of Commerce pays dividends Semi-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 $21,822 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 +2.6% market yield, thanks to consistent dividend growth.