01—Abstract
Summary
Summary of the 8-K filed December 13, 2016. Cited figures are marked; the original filing is the authoritative source.
Canadian Pacific Railway Limited (CP) announced on December 13, 2016, that its Board of Directors has declared a quarterly dividend of $0.50a 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.
02—Key points
Key Highlights
- Canadian Pacific Railway Limited declared a quarterly dividend.
- The dividend amount is $0.50 per common share.
- The dividend payment date is January 30, 2017.
- The record date for dividend eligibility is December 30, 2016.
- This information was announced via a press release on December 13, 2016.
- The announcement is part of an 8-K Current Report filing.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
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.
How much is the quarterly dividend and when will it be paid?
The quarterly dividend is $0.50 per common share, and it is payable on January 30, 2017.
Who is eligible to receive this dividend?
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.
Is this dividend a new development or a regular payment?
The filing indicates this is a quarterly dividend, suggesting it is a regular component of the company's capital return strategy to shareholders.
04—Continue