Canadian Imperial Bank of Commerce (CM) has announced its upcoming dividend details. On Jun 27, 2025, the ex-dividend date is set, with the announcement made on May 29, 2025, and the dividend payout date scheduled for Jul 28, 2025. The dividend per share is $0.705, which is lower than the average of the last ten dividends, standing at $0.748. The previous dividend distributed on Apr 28, 2025, was $0.672 per share. Both dividends are categorized as cash dividends.
As of late, Canadian Imperial Bank of Commerce's stock has been gaining traction. Recently, the stock climbed on Monday, closing just 0.8% shy of its 52-week peak of C$96.45, achieved on May 29th. Meanwhile, shares traded at C$95.66, marking a rise of C$0.97 during Monday's trading with a volume of 4,582,154 shares exchanged. This activity aligns with the company's average trading volume, showcasing investor interest and confidence.
Recently, Canadian Imperial Bank of Commerce (CM) has been in the spotlight as a potentially strong investment choice, according to analysts. Investors are keenly observing the bank's performance across various securities like stocks and bonds, hoping for substantial returns on their investments. Moreover, the bank's common stock information, including real-time stock prices and insightful trading data, continues to be a focal point for market participants.
Additionally, over the past week, Canadian Imperial Bank of Commerce has been involved in notable transactions. Hratch Dikran Panossian recently sold 9,006 shares of the bank's stock, which has been trading actively, further fueling investor interest. Such insider activities are closely watched as they may provide insights into the company's future prospects.
In conclusion, Canadian Imperial Bank of Commerce is poised for significant developments leading to the ex-dividend date on Jun 27, 2025. Investors should note that this date marks the last opportunity to purchase shares and benefit from the dividend payout. Any acquisitions made after Jun 27, 2025, will not qualify for the current dividend distribution.
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