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DRiPs for Canadian Investors
Moderator is Robert D. Gibb

Date: 3/26/2012 1:27:30 PM
Frequently Asked Questions
Author: Get_Rich_DRiP Country Flag
Subject: 30618/35928 - CIBC Eliminates DRiP Discount
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Get_Rich_DRiP on 3/26/2012 12:27:30 PM

Received notice today - CIBC will eliminate the current 2% discount on DRiP shares with the July 27th dividend reinvestment.

OperaBob on 3/26/2012 3:03:18 PM

Received notice today - CIBC will eliminate the current 2% discount on DRiP shares with the July 27th dividend reinvestment.

Good, now let's get on with dividend increases.

OB

Get_Rich_DRiP on 3/26/2012 3:29:54 PM

CIBC did increase the dividend from $0.87 to $0.90 in October.

BMO's the one playing with the DRiP discount (off Nov 2010; on Feb 2012) sans dividend increase.
 
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