Canadian Pacific Railway (CP) Raises Quarterly Dividend 14.5% to C$0.95

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CP increases dividend by 15 percent, on strength of precision scheduled railroading operating model

July 21, 2020 2:06 PM EDT

CALGARY, AB, July 21, 2020 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of $0.95 per share on the outstanding Common Shares, an increase of approximately 15 percent to the previous dividend of $0.83 per share.

"This dividend increase illustrates the resiliency of our operating model and our continued dedication to creating value for our shareholders," said CP President and Chief Executive Officer Keith Creel. "As part of our long-term commitment to sustainable, profitable growth, CP... More

CP increases dividend by 15 percent, on strength of precision scheduled railroading operating model

July 21, 2020 2:06 PM EDT

CALGARY, AB, July 21, 2020 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of $0.95 per share on the outstanding Common Shares, an increase of approximately 15 percent to the previous dividend of $0.83 per share.

"This dividend increase illustrates the resiliency of our operating model and our continued dedication to creating value for our shareholders," said CP President and Chief Executive Officer Keith Creel. "As part of our long-term commitment to sustainable, profitable growth, CP... More