Preferred Shares

Preferred Share Information

The information in this section is a summary only and is qualified in its entirety by and should be read in conjunction with the more detailed information appearing in each Series' prospectus. The dividend history table below provides a link to each Series' prospectus.

Eligible Dividends
CIBC designates any and all dividends paid or deemed for Canadian federal, provincial or territorial income tax purposes to be paid on or after January 1, 2006 to be "eligible dividends," unless indicated otherwise in respect of dividends paid subsequent to this notification, and hereby notifies all recipients of such dividends of this designation.

2020 Schedule of Record and Payment dates

The future dates in the table below are subject to approval by CIBC's Board of Directors.

	Record Dates	Payment Dates
Class A Series 39, 41, 43, 45, 47, 49, 51 (NVCC)	December 27, 2019	January 28
	March 27	April 28
	June 29	July 28
	September 28	October 28

Dividend history

Series^{1View terms and conditions}	Ticker Symbol^{2View terms and conditions}	CUSIP Number	Quarterly Dividend	Dividend Rate	Next Redemption Date^{3, 4View terms and conditions}
39 (PDF, 350 KB) Opens a new window in your browser.	CM.PR.O	136069440	$0.232063^{5View terms and conditions}	3.71%^{5View terms and conditions}	Jul 31, 2024Opens a new window in your browser.
41 (PDF, 380 KB) Opens a new window in your browser.	CM.PR.P	136069424	$0.234375	3.75%	Jan 31, 2020Opens a new window in your browser.
43 (PDF, 265 KB) Opens a new window in your browser.	CM.PR.Q	136069390	$0.225000	3.60%	Jul 31, 2020
45 (PDF, 250 KB) Opens a new window in your browser.	CM.PR.R	136070208	$0.275000	4.40%	Jul 31, 2022
47 (PDF, 475 KB) Opens a new window in your browser.	CM.PR.S	136070877	$0.281250	4.50%	Jan 31, 2023
49 (PDF, 480 KB) Opens a new window in your browser.	CM.PR.T	136070794	$0.325000	5.20%	Apr 30, 2024
51 (PDF, 435 KB) Opens a new window in your browser.	CM.PR.YOpens a new window in your browser.	13607G799	$0.321875	5.15%	Jul 31, 2024

Shareholder Investment Plan

CIBC has designated each series of currently authorized preferred shares as eligible to participate in the Shareholder Investment Plan.