Canadian Imperial Bank (CM) Could Be a Great Choice

Group 1 - The core focus for income investors is on dividends, which are distributions of a company's earnings paid to shareholders, often evaluated through dividend yield [1][4] - Canadian Imperial Bank's current annualized dividend is $2.67, reflecting a 0.6$5.49 per share, showing a year-over-year growth rate of 0.92% [6] - The stock has experienced a price change of 33.71% since the beginning of the year, with a current dividend yield of 4.14%, outperforming the Banks - Foreign industry's yield of 3.84% and the S&P 500's yield of 1.54% [8]