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) -- The ex-dividend date for

Canadian Imperial Bank of Commerce



) is tomorrow, June 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 87 cents per share. At a price of $70.11 as of 10:04 a.m. ET, the dividend yield is 5%.

The average volume for Canadian Imperial Bank of has been 264,300 shares per day over the past 30 days. Canadian Imperial Bank of has a market cap of $28.22 billion and is part of the


sector and


industry. Shares are down 2.3% year to date as of the close of trading on Friday.

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Canadian Imperial Bank of Commerce provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada and internationally. The company has a P/E ratio of 9.2, below the average banking industry P/E ratio of 9.3 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Canadian Imperial Bank of as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full

Canadian Imperial Bank of Ratings Report


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