Where is Canadian Imperial Bank of Commerce headquartered?

Canadian Imperial Bank of Commerce was founded on June 1, 1961 and is headquartered in Toronto, Canada. ↑ 3.0 3.1 3.2 Bonham, Mark S. "Canadian Imperial Bank of Commerce (CIBC)".

When did CIBC become a bank?

The Story of CIBC. Canadian Imperial Bank of Commerce. Archived from the original on February 9, 2005. Retrieved August 31, 2017. On June 1, 1961, the Canadian Imperial Bank of Commerce was formed through the merger of The Canadian Bank of Commerce and the Imperial Bank of Canada.

Does Canadian Imperial Bank of Commerce pay a dividend?

Canadian Imperial Bank of Commerce (TSE:CM) pays an annual dividend of C$3.48 per share and currently has a dividend yield of 6.01%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.05%. This payout ratio is at a healthy, sustainable level, below 75%.

What does a hold rating mean in Canadian Imperial Bank of Commerce?

A hold rating indicates that analysts believe investors should maintain any existing positions they have in CM, but not buy additional shares or sell existing shares. View CM analyst ratings or view top-rated stocks. What is Canadian Imperial Bank of Commerce's stock price forecast for 2023?