Summary
Canadian Pacific Railway Limited (CP) announced on July 11, 2016, a quarterly dividend payment of $0.50 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.
Key Highlights
- 1Canadian Pacific Railway Limited (CP) declared a quarterly dividend of CAD $0.50 per common share.
- 2The dividend payment date is October 24, 2016.
- 3The record date for dividend eligibility is September 30, 2016.
- 4This announcement was made via a press release dated July 11, 2016.
- 5The filing is an 8-K Current Report, indicating a material event.
- 6The Board of Directors approved the dividend declaration.
Frequently Asked Questions
Canadian Pacific declared a quarterly dividend of $0.50 Canadian per common share.
The dividend is payable on October 24, 2016.
Shareholders of record at the close of business on September 30, 2016, are eligible to receive the dividend.
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.