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).
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