Reminder - Canadian Imperial Bank Of Commerce (CM) Goes Ex-Dividend Soon

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.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for CM, showing historical dividends prior to the most recent $0.96 declared by Canadian Imperial Bank of Commerce:

CM+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CM is likely to continue, and whether the current estimated yield of 5.41% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of CM shares, versus its 200 day moving average:

Canadian Imperial Bank of Commerce 200 Day Moving Average Chart

Looking at the chart above, CM's low point in its 52 week range is $67.96 per share, with $84.38 as the 52 week high point — that compares with a last trade of $70.87.

In Monday trading, Canadian Imperial Bank of Commerce shares are currently off about 1.4% on the day.

null

More from Stocks

Trump Tariff Threat, Deutsche Bank, Elon Musk and Apple - 5 Things You Must Know

Trump Tariff Threat, Deutsche Bank, Elon Musk and Apple - 5 Things You Must Know

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

One-on-One With Carnival Corporation CEO Arnold Donald (Watch)

One-on-One With Carnival Corporation CEO Arnold Donald (Watch)

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Stocks Finish Higher After Release of Fed Minutes

Stocks Finish Higher After Release of Fed Minutes