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.

2019 Schedule of Record and Payment dates

	Record Dates	Payment Dates
Class A Series 39, 41, 43, 45, 47, 49, 51 (NVCC)	December 28, 2018	January 28
	March 28	April 29
	June 28	July 29
	September 27	October 28

Dividend history

Series^{1View terms and conditions}	Ticker Symbol^{2View terms and conditions}	CUSIP Number	Quarterly Dividend	Initial Dividend Amount	Initial Payment Date	Initial Dividend Rate	Earliest Redemption date^{3, 4View terms and conditions}
39 (PDF, 350 KB) Opens a new window in your browser.	CM.PR.O	136069440	$0.24375	$0.37932	Oct 28, 2014	3.90%	Jul 31, 2019Opens a new window in your browser.
41 (PDF, 380 KB) Opens a new window in your browser.	CM.PR.P	136069424	$0.234375	$0.35156	Apr 28, 2015	3.75%	Jan 31, 2020
43 (PDF, 265 KB) Opens a new window in your browser.	CM.PR.Q	136069390	$0.225	$0.35140	Jul 28, 2015	3.60%	Jul 31, 2020
45 (PDF, 250 KB) Opens a new window in your browser.	CM.PR.R	136070208	$0.275	$0.45507	Oct 27, 2017	4.40%	Jul 31, 2022
47 (PDF, 475 KB) Opens a new window in your browser.	CM.PR.S	136070877	$0.28125	$0.31438	Apr 27, 2018	4.50%	Jan 31, 2023
49 (PDF, 480 KB) Opens a new window in your browser.	CM.PR.T	136070794	$0.325	$0.34904	Apr 29, 2019	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	$0.52558	Oct 28, 2019	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.