CIBC Increases Dividend

TORONTO, Aug. 27, 2015 /CNW/ - CIBC (TSX: CM; NYSE: CM) announced today that its board of directors declared a dividend of $1.12 per share on common shares for the quarter ending October 31, 2015, an increase of three cents from the previous quarter. This dividend is payable on October 28, 2015 to shareholders of record at the close of business on September 28, 2015.

Class A Preferred Shares
The board of directors also declared the following dividends per share:

For the quarter ending October 31, 2015 payable on October 28, 2015 to shareholders of record at the close of business on September 28, 2015:

Series 39 - $0.243750
Series 41 - $0.234375
Series 43 - $0.225000

About CIBC

CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through our three major business units - Retail and Business Banking, Wealth Management and Wholesale Banking - CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world. You can find other news releases and information about CIBC in our Media Centre on our corporate website at www.cibc.com/ca/media-centre/.

SOURCE CIBC - Investor Relations

For further information:

Investor Relations:
Alice Dunning  416-861-8870  alice.dunning@cibc.com
Jason Patchett 416-980-8691  jason.patchett@cibc.com

Investor & Financial Communications
Erica Belling  416-594-7251  erica.belling@cibc.com


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