01—Abstract
Summary
Summary of the 8-K filed January 27, 2022. Cited figures are marked; the original filing is the authoritative source.
Canadian Pacific Kansas City Ltd./CN (CP) filed an 8-K on January 27, 2022, primarily to announce the declaration of its quarterly dividend.
The board of directors approved a dividend of $0.19a per common share. This dividend payment is scheduled for April 25, 2022, with a record date of March 25, 2022, ensuring shareholders of record by that date will receive the payout. This filing provides transparency regarding capital allocation and returns to shareholders.
While this report focuses on a routine dividend declaration, it's important for investors to note the timing and record date for participation. The press release attached as an exhibit provides the official announcement, serving as confirmation of the company's commitment to shareholder returns. Investors should consider this dividend payment within the broader context of CP's financial performance and strategic initiatives.
02—Key points
Key Highlights
- Canadian Pacific Railway Limited declared a quarterly common share dividend of $0.19.
- The dividend payment date is set for April 25, 2022.
- The record date for determining dividend eligibility is March 25, 2022.
- The announcement was made via a press release dated January 27, 2022.
- This filing (8-K) serves as an official notification of the dividend declaration.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The primary purpose of this 8-K filing is to officially announce the declaration of a quarterly dividend by Canadian Pacific Railway Limited's board of directors.
How much is the quarterly dividend and when will it be paid?
The quarterly dividend is $0.19 per common share. It is payable on April 25, 2022.
Who is eligible to receive this dividend?
Shareholders who are holders of record of the Corporation's common shares at the close of business on March 25, 2022, will be eligible to receive the dividend.
Is there any other significant financial information in this filing?
This particular 8-K filing is limited to the announcement of the quarterly dividend. It does not contain extensive financial statements or updates on other material business events.
04—Continue