Canadian Imperial Bank of Commerce (TSE:CM – Get Free Report) (NYSE:CM) Senior Officer Christina Charlotte Kramer sold 37,022 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$83.40, for a total transaction of C$3,087,634.80.
Canadian Imperial Bank of Commerce Stock Up 0.2 %
Canadian Imperial Bank of Commerce stock opened at C$83.74 on Wednesday. The company has a market cap of C$79.10 billion, a PE ratio of 12.12, a price-to-earnings-growth ratio of 3.01 and a beta of 1.12. Canadian Imperial Bank of Commerce has a twelve month low of C$47.44 and a twelve month high of C$84.07. The company’s 50-day moving average price is C$73.29 and its 200-day moving average price is C$68.90.
Canadian Imperial Bank of Commerce Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, October 28th. Stockholders of record on Monday, October 28th will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 4.30%. The ex-dividend date is Friday, September 27th. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 52.10%.
Wall Street Analyst Weigh In
Read Our Latest Analysis on CM
Canadian Imperial Bank of Commerce Company Profile
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.
Featured Articles
- Five stocks we like better than Canadian Imperial Bank of Commerce
- What is the FTSE 100 index?
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- What Are Trending Stocks? Trending Stocks Explained
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- Quiet Period Expirations Explained
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Receive News & Ratings for Canadian Imperial Bank of Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Imperial Bank of Commerce and related companies with MarketBeat.com's FREE daily email newsletter.