Summary
Canadian Pacific Railway Limited (CP) announced on December 13, 2016, that its Board of Directors has declared a quarterly dividend of $0.50 per common share. This announcement, made via a press release filed as part of an 8-K report, signals a continued commitment to returning capital to shareholders. The dividend is scheduled to be paid on January 30, 2017, with the record date for eligibility set as the close of business on December 30, 2016. Investors should note this information for their portfolio income planning and understand that this is a standard operational announcement.
Key Highlights
- 1Canadian Pacific Railway Limited declared a quarterly dividend.
- 2The dividend amount is $0.50 per common share.
- 3The dividend payment date is January 30, 2017.
- 4The record date for dividend eligibility is December 30, 2016.
- 5This information was announced via a press release on December 13, 2016.
- 6The announcement is part of an 8-K Current Report filing.
Frequently Asked Questions
The main purpose of this 8-K filing is to formally announce the declaration of a quarterly dividend by Canadian Pacific Railway Limited's Board of Directors and to provide the details regarding its payment.
The quarterly dividend is $0.50 per common share, and it is payable on January 30, 2017.
Shareholders who are on record as holding the Company's common shares at the close of business on December 30, 2016, are eligible to receive this dividend.
The filing indicates this is a quarterly dividend, suggesting it is a regular component of the company's capital return strategy to shareholders.