Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, Canadian Imperial Bank of Commerce (CM) will trade ex-dividend, for its quarterly dividend of $0.96, payable on 7/29/13. As a percentage of CM's recent stock price of $70.94, this dividend works out to approximately 1.35%, so look for shares of Canadian Imperial Bank of Commerce to trade 1.35% lower — all else being equal — when CM shares open for trading on 6/26/13.
Reminder - Canadian Imperial Bank Of Commerce (CM) Goes Ex-Dividend Soon
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