Canadian Imperial Bank: Buy This Quality Dividend At The Right Price
CIBC(CM) Seeking Alpha·2024-04-07 21:15
MarsBars Canadian banks remain a great way for dividend investors to diversify their portfolio holdings, given their long sustained track records of uninterrupted shareholder returns. This compares favorably to many U.S. banks which had to cut or suspend their dividends during prior recessions such as the ones in 2008 and 2020. This brings me to Canadian Imperial Bank of Commerce (NYSE:CM), otherwise known as CIBC. CIBC has done well for its investors over the past year, having climbed out of slump driven b ...