Canadian Pacific Kansas City Limited declares dividend

Rhea-AI Summary

Canadian Pacific Kansas City (CP) has announced its latest quarterly dividend declaration. The company's Board of Directors has approved a dividend payment of $0.19 per share on outstanding Common Shares. The dividend will be paid on April 28, 2025, to shareholders who are recorded as holders at the close of business on March 28, 2025. The dividend qualifies as an 'eligible' dividend under the Income Tax Act (Canada) and similar provincial/territorial legislation.

Positive

• Regular quarterly dividend maintained at $0.19 per share, demonstrating stable shareholder returns
• Dividend maintains qualified status for tax purposes under Canadian legislation

Negative

• None.

CALGARY, AB, Jan. 29, 2025 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares.

The dividend is payable on April 28, 2025, to holders of record at the close of business on March 28, 2025, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.

About CPKC

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf of México to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC. CP-IR

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SOURCE CPKC

FAQ

What is the amount of CP's quarterly dividend for Q2 2025?

Canadian Pacific Kansas City (CP) declared a quarterly dividend of $0.19 per share for Q2 2025.

When is the payment date for CP's latest dividend?

The dividend payment date is April 28, 2025.

What is the record date for CP's Q2 2025 dividend?

The record date for CP's dividend is March 28, 2025, at the close of business.

Is CP's dividend considered eligible for Canadian tax purposes?

Yes, the dividend is considered 'eligible' under the Income Tax Act (Canada) and similar provincial/territorial legislation.

How often does CP pay dividends to shareholders?

CP pays dividends on a quarterly basis to its shareholders.