Canadian Imperial Bank of Commerce (NYSE:CM) Reports Dividend Payout


Canadian Imperial Bank of Commerce (NYSE:CM) latest PR states that its stakeholders will get cash payout of $0.928 per share. For the dividend payment, the record date is 2016-09-28, the payment date is 2016-10-28, and the ex-dividend date is 2016-09-26. This news was issued on 2016-08-25.

Shareholders of Canadian Imperial Bank of Commerce (NYSE:CM) will have to hold its stock till the ex-dividend date to be eligible for dividend. In last year the company paid a total dividend of $0.928 per share against the dividend payout of $0.928 a share in the comparable period, implying a difference of -9.0843%.

The experts are predicting EPS of $1.89. Canadian Imperial Bank of Commerce (NYSE:CM) has a short-range price target of $85.922, which is the average price of the stock opinions given by 5 analysts. These experts have placed the target range of $73.44 to $112 for the next year. Due to this, the standard deviation is noted at $15.65 after considering all the price estimates.

It can be explained as the deviation between the bullish and bearish price target as given by analysts. For the period closed on 2015-10-31, Canadian Imperial Bank of Commerce (NYSE:CM) reported EPS of $2.06. The firm is likely to post financial figures for the quarter ending on 2016-10-31 on or around 2016-12-01.

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