Canadian Imperial Bank of Commerce (TSE:CM – Get Free Report) (NYSE:CM) Senior Officer Shawn Beber sold 10,000 shares of Canadian Imperial Bank of Commerce stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$81.80, for a total value of C$817,960.00.
Canadian Imperial Bank of Commerce Stock Performance
CM stock opened at C$83.49 on Monday. The firm has a market cap of C$78.86 billion, a PE ratio of 12.08, a price-to-earnings-growth ratio of 3.01 and a beta of 1.12. The firm has a fifty day moving average price of C$72.58 and a 200 day moving average price of C$68.64. Canadian Imperial Bank of Commerce has a fifty-two week low of C$47.44 and a fifty-two week high of C$83.64.
Canadian Imperial Bank of Commerce Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, October 28th. Investors of record on Friday, September 27th will be given a $0.90 dividend. The ex-dividend date is Friday, September 27th. This represents a $3.60 annualized dividend and a yield of 4.31%. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 52.10%.
Wall Street Analysts Forecast Growth
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.
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