Summary
Canadian Pacific Kansas City Ltd./CN (CP) filed an 8-K on July 17, 2017, primarily to announce its quarterly dividend. The Board of Directors declared a dividend of $0.5625 per common share. This dividend will be paid on October 30, 2017, to shareholders of record as of September 29, 2017. This announcement provides direct information to shareholders regarding their expected returns.
Key Highlights
- 1Board of Directors declared a quarterly dividend of $0.5625 per common share.
- 2The dividend payment date is scheduled for October 30, 2017.
- 3Shareholders must be on record by the close of business on September 29, 2017, to receive the dividend.
- 4This filing confirms a regular distribution of capital to shareholders.
- 5The attached press release (Exhibit 99.1) provides the official announcement of the dividend.
Frequently Asked Questions
The main purpose of this 8-K filing is to formally announce the declaration of Canadian Pacific Kansas City Ltd./CN's quarterly dividend.
The quarterly dividend is $0.5625 per common share and is payable on October 30, 2017.
Shareholders who are of record at the close of business on September 29, 2017, will be eligible to receive this dividend.
No, this particular 8-K filing is solely focused on the announcement of the quarterly dividend. No other material financial events or statements are included.