PR Newswire | Dec 2, 2021 05:56AM EST

12/02 04:56 CST

CIBC Increases Dividends for the Quarter Ending January 31, 2022 TORONTO, Dec. 2, 2021

TORONTO, Dec. 2, 2021 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $1.61 per share on common shares for the quarter ending January 31, 2022 payable on January 28, 2022 to shareholders of record at the close of business on December 29, 2021.

Class A Preferred SharesThe Board of Directors also declared the following dividends per share:

For the period ending January 31, 2022 payable on January 28, 2022 to shareholders of record at the close of business on December 29, 2021:

Series 39 - $0.232063Series 41 - $0.244313 Series 43 - $0.196438Series 45 - $0.275000Series 47 - $0.281250Series 49 - $0.325000Series 51 - $0.321875

About CIBC

CIBC is a leading North American financial institution with 11 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at https://www.cibc.com/en/about-cibc/media-centre.html.

SOURCE CIBC