UPDATE: Canadian Pacific Railway (CP) Reports Q3 EPS of Cdn$4.41 on Revenues of Cdn$1.86B

Go back to UPDATE: Canadian Pacific Railway (CP) Reports Q3 EPS of Cdn$4.41 on Revenues of Cdn$1.86B

Canadian Pacific Railway (CP) Declares $0.95 Quarterly Dividend; 1.2% Yield

October 20, 2020 2:06 PM EDT

Canadian Pacific Railway (NYSE: CP) declared a quarterly dividend of $0.95 per share, or $3.8 annualized.

The dividend will be payable on January 25, 2021, to stockholders of record on December 31, 2020, with an ex-dividend date of December 30, 2020.

The annual yield on the dividend is 1.2... More

Canadian Pacific Railway (CP) to acquire full ownership of the Detroit River Rail Tunnel for $312 million

October 16, 2020 8:03 AM EDT

Canadian Pacific (TSX: CP) (NYSE: CP) and OMERS, the defined benefit pension plan for municipal employees in the province of Ontario, announced today they have entered into a purchase agreement whereby CP will acquire full ownership of the Detroit River Rail Tunnel from certain affiliates of OMERS. The purchase price for the transaction is approximately... More

Canadian Pacific Railway (CP:CN) (CP) PT Raised to Cdn$415 at Barclays

October 16, 2020 4:48 AM EDT

Barclays analyst Brandon Oglenski raised the price target on Canadian Pacific Railway (CP:CN) (NYSE: CP) to Cdn$415.00 (from Cdn$375.00) while maintaining a Equalweight rating.... More