Canadian Pacific Kansas City Limited declares dividend

Rhea-AI Summary

Canadian Pacific Kansas City Limited (CPKC) has declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on Jan. 29, 2024, to holders of record at the close of business on Dec. 29, 2023.

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• CPKC declares a quarterly dividend of $0.19 per share on Common Shares, payable on Jan. 29, 2024.

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• None.

CALGARY, AB, Oct. 25, 2023 /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 Jan. 29, 2024, to holders of record at the close of business on Dec. 29, 2023, 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

View original content:https://www.prnewswire.com/news-releases/canadian-pacific-kansas-city-limited-declares-dividend-301967493.html

SOURCE CPKC

What is the dividend amount declared by CPKC?

CPKC has declared a dividend of $0.19 per share on Common Shares.

When will the dividend be paid?

The dividend will be paid on Jan. 29, 2024.

Who is eligible to receive the dividend?

Holders of record at the close of business on Dec. 29, 2023, are eligible to receive the dividend.

Is the dividend eligible for tax purposes?

Yes, the dividend is an 'eligible' dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.