Canadian Pacific Railway Limited declares dividend
The Board of Directors of Canadian Pacific Railway Limited (CP) has declared a quarterly dividend of $0.19 per share, payable on October 25, 2021, to shareholders on record by September 24, 2021. This dividend corresponds to a five-for-one share split that was approved on April 21, 2021. The dividend is classified as an 'eligible' dividend under Canadian tax laws.
- Quarterly dividend of $0.19 per share enhances shareholder income.
- The dividend payment reflects a successful share split, boosting investor confidence.
- None.
CALGARY, AB, July 27, 2021 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of
The dividend is payable on Oct. 25, 2021 to holders of record at the close of business on Sept. 24, 2021, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.
The quarterly dividend of
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
View original content:https://www.prnewswire.com/news-releases/canadian-pacific-railway-limited-declares-dividend-301342658.html
SOURCE Canadian Pacific
FAQ
What is the dividend amount declared by CP?
When is the dividend payable to shareholders?
What is the record date for the dividend?
Is the dividend eligible for tax purposes?
How does the recent share split affect the dividend?
