01—Abstract
Summary
Summary of the 8-K filed July 11, 2016. Cited figures are marked; the original filing is the authoritative source.
Canadian Pacific Railway Limited (CP) announced on July 11, 2016, a quarterly dividend payment of $0.50a Canadian per share.
This declaration reflects the company's ongoing commitment to returning capital to its shareholders. The dividend is scheduled to be paid on October 24, 2016, with a record date of September 30, 2016, ensuring that shareholders of record on that date will receive the payment.
02—Key points
Key Highlights
- Canadian Pacific Railway Limited (CP) declared a quarterly dividend of CAD $0.50 per common share.
- The dividend payment date is October 24, 2016.
- The record date for dividend eligibility is September 30, 2016.
- This announcement was made via a press release dated July 11, 2016.
- The filing is an 8-K Current Report, indicating a material event.
- The Board of Directors approved the dividend declaration.
03—Questions
Frequently Asked Questions
What is the amount of the quarterly dividend declared by Canadian Pacific?
Canadian Pacific declared a quarterly dividend of $0.50 Canadian per common share.
When will shareholders receive the dividend payment?
The dividend is payable on October 24, 2016.
Who is eligible to receive this dividend?
Shareholders of record at the close of business on September 30, 2016, are eligible to receive the dividend.
What type of SEC filing is this and what does it signify?
This is an 8-K Current Report filing, which is used to announce material events that are important to shareholders or the company's operations. In this case, the material event is the declaration of a quarterly dividend.
04—Continue