Selected financial information (in millions, except per share information) is available for CIBC at October 31:

Instructions
(a) Calculate the (1) payout, (2) dividend yield, (3) earnings per share, and (4) return on common shareholders' equity ratios for the common shareholders for 2012 and 2011.
(b) Using the information in part (a), comment on CIBC's dividend record and earnings performance over the two-year period.

Transcribed Image Text:

Total cash dividends pald to common shareholders Cash dividends per common share Profit available to common shareholders 2012 1,470 $3.64 3,173 $15,332 78.56 S 1,391 S 3.51 2,690 $13,335 S 73.96 1,350 S 3.48 2,114 $11,643 $ 78.23 equlty Market price per common share Welghted average number of common shares