01—Abstract
Summary
Summary of the 8-K filed July 27, 2023. Cited figures are marked; the original filing is the authoritative source.
Canadian Pacific Kansas City Limited (CP) announced on July 27, 2023, that its Board of Directors has declared a quarterly dividend of $0.19a per common share.
This dividend underscores the company's commitment to returning value to its shareholders. The payment date is set for October 30, 2023, with the record date being September 29, 2023, ensuring that shareholders holding shares by the close of business on that date will receive the dividend.
While this 8-K filing primarily serves to announce the dividend, it is important for investors to note the consistency of such announcements as indicators of a company's financial health and confidence in its future cash flows. Investors should consider this dividend alongside other financial metrics when evaluating their investment in CP.
02—Key points
Key Highlights
- CP declared a quarterly common share dividend of $0.19.
- The dividend is scheduled to be paid on October 30, 2023.
- Shareholders of record as of September 29, 2023, will receive the dividend.
- The filing date for this report was July 27, 2023.
- The press release announcing the dividend is attached as Exhibit 99.1.
03—Questions
Frequently Asked Questions
What is the amount of the quarterly dividend declared by CP?
CP's Board of Directors declared a quarterly dividend of $0.19 per common share.
When will the dividend be paid?
The dividend is payable on October 30, 2023.
Who is eligible to receive this dividend?
Shareholders who hold CP's common shares as of the close of business on September 29, 2023 (the record date) are eligible to receive the dividend.
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to officially announce the declaration of the quarterly dividend by Canadian Pacific Kansas City Limited's Board of Directors.
04—Continue