Summary
Canadian Pacific Kansas City Limited (CP) announced on January 30, 2024, that its Board of Directors has declared a quarterly common share dividend. This action signals continued confidence from management in the company's financial stability and its ability to return value to shareholders. Investors should note the payment date and the record date for dividend eligibility, which are important for those tracking income from their investments. The declared dividend is $0.19 per share, payable on April 29, 2024, to shareholders of record as of the close of business on March 28, 2024. This regular dividend payment is a key metric for income-focused investors and reflects the company's ongoing commitment to its dividend policy.
Key Highlights
- 1CP's Board of Directors declared a quarterly common share dividend of $0.19 per share.
- 2The dividend payment date is April 29, 2024.
- 3The record date for dividend eligibility is March 28, 2024.
- 4This announcement indicates a consistent return of capital to shareholders.
- 5The filing is an 8-K, signaling a material event to the market.
- 6The press release attached as Exhibit 99.1 provides further details on the dividend declaration.
Frequently Asked Questions
The Board of Directors declared a quarterly dividend of $0.19 per share on the Corporation's outstanding common shares.
The dividend is payable on April 29, 2024.
Shareholders of record at the close of business on March 28, 2024, will be eligible to receive the dividend.
While the filing doesn't explicitly state it's a continuation, the declaration of a quarterly dividend typically indicates an ongoing dividend policy. Investors should refer to previous filings or company reports for historical dividend information.