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CIBC Declares Quarterly Dividends on Common and Preferred Shares for Q2 2026

Story Highlights
  • CIBC declared a $1.07 quarterly dividend per common share, signaling confidence in earnings.
  • The bank also announced dividends on multiple Class A preferred share series, supporting income investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CIBC Declares Quarterly Dividends on Common and Preferred Shares for Q2 2026

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An update from Canadian Bank of Commerce ( (TSE:CM) ) is now available.

CIBC has announced that its board has declared a quarterly dividend of $1.07 per common share for the quarter ending April 30, 2026, with payment scheduled for late April to shareholders of record in late March. The decision underscores the bank’s continued focus on returning capital to common shareholders and reflects confidence in its ongoing earnings capacity and balance sheet strength.

The bank also declared dividends on several series of Class A preferred shares, including Series 47, 56, 57 and 61, each with specified per-share amounts and record and payment dates aligned around early to late April 2026. These preferred share dividends further reinforce CIBC’s commitment to meeting obligations to income-focused investors and maintaining consistent dividend policies across its capital structure.

The most recent analyst rating on (TSE:CM) stock is a Buy with a C$137.00 price target. To see the full list of analyst forecasts on Canadian Bank of Commerce stock, see the TSE:CM Stock Forecast page.

Spark’s Take on TSE:CM Stock

According to Spark, TipRanks’ AI Analyst, TSE:CM is a Outperform.

The score is primarily supported by solid financial performance with strong revenue growth and healthy ROE, but capped by high leverage and weaker cash-flow conversion. Technicals are a positive contributor given the sustained uptrend and moderate momentum signals. Valuation is supportive with a reasonable P/E and a mid-single-digit dividend yield.

To see Spark’s full report on TSE:CM stock, click here.

More about Canadian Bank of Commerce

Canadian Imperial Bank of Commerce (CIBC) is a leading North American financial institution serving 15 million personal, business, public sector and institutional clients. Through its Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets divisions, it delivers a full suite of financial products and advisory services across Canada, the U.S. and internationally via digital platforms and physical locations.

Average Trading Volume: 2,762,948

Technical Sentiment Signal: Buy

Current Market Cap: C$124.7B

See more insights into CM stock on TipRanks’ Stock Analysis page.

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