CIBC Preferred Share 4.4%

May 26, 2017


I have some access to this new issue of preferred shares paying annual dividend of 4.4%

This is ideal for part of a clients fixed income portfolio and/or those trying to generate TAX EFFICIENT income in a taxable account.



Canadian Imperial Bank of Commerce - 4.4% - DBRS:pfd 2 / Moody’s: Baa3(hyb) / S&P: P-3 (High) (CM - ) Preferred Shares - 25.00 (CAD).




The views expressed do not necessarily reflect the opinion of Argosy Securities Inc. This does not constitute an offer or solicitation to buy or sell any of the securities mentioned. The information contained herein may not apply to all types of investors. Please consult a professional before making an investment decision.

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