STOCK TITAN

Canadian Pacific Railway Limited declares dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) has declared a quarterly dividend of $0.19 per share on its outstanding Common Shares. This dividend is scheduled for payment on April 25, 2022, to shareholders on record by the close of business on March 25, 2022. The dividend qualifies as an 'eligible' dividend under the Income Tax Act of Canada and similar provincial legislation.

Positive
  • Quarterly dividend of $0.19 per share announced.
  • Dividend payment reinforces company’s commitment to return value to shareholders.
Negative
  • None.

CALGARY, AB, Jan. 27, 2022 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares.

The dividend is payable on April 25, 2022 to holders of record at the close of business on March 25, 2022, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.

About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP. CP-IR

Cision View original content:https://www.prnewswire.com/news-releases/canadian-pacific-railway-limited-declares-dividend-301470054.html

SOURCE Canadian Pacific

FAQ

What is the dividend amount declared by Canadian Pacific Railway Limited?

The declared dividend amount is $0.19 per share.

When will the dividend be paid?

The dividend will be paid on April 25, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is March 25, 2022.

Is the dividend eligible for tax purposes?

Yes, the dividend is considered an 'eligible' dividend under the Income Tax Act of Canada.

Canadian Pacific Kansas City Limited

NYSE:CP

CP Rankings

CP Latest News

CP Stock Data

69.05B
933.35M
0.03%
75.17%
0.73%
Railroads
Railroads, Line-haul Operating
Link
United States of America
CALGARY ALBERTA