11:27 AM EST - CIBC : announced today that its board of directors declared a dividend of 90 cents per share, an increase of three cents per share, on common shares for the quarter ending October 31, 2011 payable on October 28, 2011 to shareholders of record at the close of business on September 28, 2011. CIBC
shares T.CM are trading up $2.72 at $75.78.
