Canadian Pacific Railway (CP) Declares $0.95 Quarterly Dividend; 1.1% Yield

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Canadian Pacific Railway Limited declares dividend

April 20, 2021 4:53 PM EDT

CALGARY, AB, April 20, 2021 /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.

The dividend is payable on July 26, 2021 to holders of record at the close of business on June 25, 2021, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.

Should CP's proposed share split be approved at the annual and special meeting of shareholders on... More