01—Abstract
Summary
Summary of the 8-K filed April 26, 2023. Cited figures are marked; the original filing is the authoritative source.
Canadian Pacific Kansas City Ltd. (CP) announced on April 26, 2023, that its Board of Directors has declared a quarterly dividend of $0.19a per common share.
This declaration is a routine event for the company, signaling continued commitment to returning value to shareholders. The dividend payment is scheduled for July 31, 2023, with shareholders of record as of June 30, 2023, being eligible to receive it. While this 8-K filing primarily pertains to the dividend declaration, it's important for investors to note that this is an "Other Events" filing.
Investors should refer to other, more comprehensive filings for detailed financial performance or strategic updates. The primary takeaway from this report is the confirmation of the upcoming dividend payment, which provides clarity for shareholders regarding their expected returns.
02—Key points
Key Highlights
- Canadian Pacific Kansas City Ltd. (CP) declared a quarterly dividend of $0.19 per common share.
- The dividend declaration was announced on April 26, 2023.
- The payment date for the dividend is July 31, 2023.
- Shareholders eligible for the dividend must be on record by the close of business on June 30, 2023.
- This filing is made under Item 8.01 (Other Events), indicating a non-material event outside of typical financial reporting.
- The company has attached the press release announcing the dividend as Exhibit 99.1.
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 announce the declaration of a quarterly dividend by Canadian Pacific Kansas City Ltd.'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 July 31, 2023.
Who is eligible to receive this dividend?
Shareholders who are holders of record of the Corporation's outstanding common shares at the close of business on June 30, 2023, are eligible to receive the dividend.
Does this filing provide any new financial or operational information about CPKC?
No, this specific 8-K filing, categorized under 'Other Events', mainly serves to announce the dividend declaration and does not contain detailed financial statements, operational updates, or significant business developments. Investors should consult other filings for such information.
04—Continue