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Stock impact report

Invest $10,000 in This Dividend Stock for $333 in Passive Income [Yahoo! Finance Canada]

Canadian Imperial Bank of Commerce (CM) 
Last canadian imperial bank of commerce earnings: 2/26 05:53 am Check Earnings Report
Got $10,000 to invest? Many investors might worry that's not enough to create generous income. However, $10,000 can create strong passive income through the power of compounding. This turns small, consistent returns into meaningful growth over time. When that money is invested into reliable dividend stocks or exchange-traded funds (ETF), you're not just earning on your original $10,000. You're earning on every dollar of income that gets reinvested. Over the years, those tiny monthly or quarterly payouts snowball into larger and larger amounts, especially inside a Tax-Free Savings Account (TFSA) where every cent grows tax-free. And if there's one I'd pick, it's this dividend stock. CIBC Canadian Imperial Bank of Commerce TSX:CM ) is one of Canada's Big Six banks and has been part of the country's financial backbone for more than a century. It offers a full range of financial services, including retail banking, commercial lending, wealth management, and capital markets operations. Show less Read more
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