01—Abstract
Summary
Summary of the 8-K filed January 29, 2020. Cited figures are marked; the original filing is the authoritative source.
Canadian Pacific Kansas City Ltd. (CP) announced on January 28, 2020, that its Board of Directors has declared a quarterly common share dividend.
This declaration is a routine event for mature, dividend-paying companies and signals continued confidence in the company's financial stability and ability to return value to shareholders. Investors should note the record date and payment date for dividend eligibility.
02—Key points
Key Highlights
- Board of Directors declared a quarterly dividend of $0.83 per common share.
- The dividend payment is scheduled for April 27, 2020.
- Shareholders of record as of the close of business on March 27, 2020, will be eligible to receive the dividend.
- This announcement is a standard disclosure of dividend declaration by the company.
- The filing includes a press release from January 28, 2020, detailing the dividend declaration.
03—Questions
Frequently Asked Questions
What is the amount of the quarterly dividend declared?
The Board of Directors declared a quarterly dividend of $0.83 per share on the Company’s outstanding common shares.
When will the dividend be paid?
The dividend is payable on April 27, 2020.
Who is eligible to receive this dividend?
Holders of record of the Company's outstanding common shares at the close of business on March 27, 2020, will be eligible to receive the dividend.
Is this dividend declaration unusual for CP?
No, this appears to be a routine declaration of a quarterly dividend, consistent with established dividend-paying companies.
04—Continue