Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight, such as energy, chemicals and plastics, metals, minerals and consumer, automotive, and forest products. It also transports intermodal traffic comprising retail goods in overseas containers. The company offers rail and intermodal transportation services through a network of approximately 13,000 miles serving business centers in Quebec and British Columbia, Canada; and the United States Northeast and Midwest regions. Canadian Pacific Railway Limited was incorporated in 1881 and is headquartered in Calgary, Canada.
Canadian Pacific Railway Dividend Announcement
• Canadian Pacific Railway announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2025-01-27. Ex dividend date: 2024-12-27
• Canadian Pacific Railway annual dividend for 2024 was $0.56
• Canadian Pacific Railway annual dividend for 2023 was $0.57
• Canadian Pacific Railway's trailing twelve-month (TTM) dividend yield is 0.73%
• Canadian Pacific Railway's payout ratio for the trailing twelve months (TTM) is 20.03%
• Canadian Pacific Railway's dividend growth over the last five years (2018-2023) was -21.46% year
• Canadian Pacific Railway's dividend growth over the last ten years (2013-2023) was -10.43% year
Canadian Pacific Railway Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | $0.14 | quarterly | 2025-01-27 |
2024-09-27 | $0.14 | quarterly | 2024-10-28 |
2024-06-28 | $0.14 | quarterly | 2024-07-29 |
2024-03-27 | $0.14 | quarterly | 2024-04-29 |
2023-12-28 | $0.14 | quarterly | 2024-01-29 |
2023-09-28 | $0.14 | quarterly | 2023-10-30 |
2023-06-29 | $0.14 | quarterly | 2023-07-31 |
2023-03-30 | $0.14 | quarterly | 2023-04-24 |
2022-12-29 | $0.14 | quarterly | 2023-01-30 |
2022-09-28 | $0.14 | quarterly | 2022-10-31 |
2022-06-23 | $0.15 | quarterly | 2022-07-25 |
2022-03-24 | $0.15 | quarterly | 2022-04-25 |
2021-12-30 | $0.15 | quarterly | 2022-01-31 |
2021-09-23 | $0.15 | quarterly | 2021-10-25 |
2021-06-24 | $0.15 | quarterly | 2021-07-26 |
2021-03-25 | $0.75 | quarterly | 2021-04-26 |
2020-12-30 | $0.74 | quarterly | 2021-01-25 |
2020-09-24 | $0.71 | quarterly | 2020-10-26 |
2020-06-25 | $0.61 | quarterly | 2020-07-27 |
2020-03-26 | $0.58 | quarterly | 2020-04-27 |
2019-12-24 | $0.63 | quarterly | 2020-01-27 |
2019-09-26 | $0.63 | quarterly | 2019-10-28 |
2019-06-27 | $0.63 | quarterly | 2019-07-29 |
2019-03-28 | $0.48 | quarterly | 2019-04-29 |
2018-12-27 | $0.48 | quarterly | 2019-01-28 |
2018-09-27 | $0.50 | quarterly | 2018-10-29 |
2018-06-28 | $0.49 | quarterly | 2018-07-30 |
2018-03-22 | $0.44 | quarterly | 2018-04-30 |
2017-12-28 | $0.44 | quarterly | 2018-01-29 |
2017-09-28 | $0.56 | quarterly | 2017-10-30 |
2017-06-28 | $0.43 | quarterly | 2017-07-31 |
2017-03-29 | $0.37 | quarterly | 2017-04-24 |
2016-12-28 | $0.37 | quarterly | 2017-01-30 |
2016-09-28 | $0.38 | quarterly | 2016-10-24 |
2016-06-22 | $0.39 | quarterly | 2016-07-25 |
2016-03-22 | $0.27 | quarterly | 2016-04-25 |
2015-12-29 | $0.25 | quarterly | 2016-01-25 |
2015-09-23 | $0.26 | quarterly | 2015-10-26 |
2015-06-24 | $0.35 | quarterly | 2015-07-27 |
2015-03-25 | $0.35 | quarterly | 2015-04-27 |
2014-12-29 | $0.35 | quarterly | 2015-01-26 |
2014-09-24 | $0.35 | quarterly | 2014-10-27 |
2014-06-25 | $0.35 | quarterly | 2014-07-28 |
2014-03-26 | $0.35 | quarterly | 2014-04-28 |
2013-12-24 | $0.33 | quarterly | 2014-01-27 |
2013-12-23 | $0.33 | quarterly | |
2013-09-25 | $0.35 | quarterly | 2013-10-28 |
2013-06-26 | $0.35 | quarterly | 2013-07-29 |
2013-03-26 | $0.35 | quarterly | 2013-04-29 |
Canadian Pacific Railway Dividend per year
Canadian Pacific Railway Dividend growth
Canadian Pacific Railway Dividend Yield
Canadian Pacific Railway current trailing twelve-month (TTM) dividend yield is 0.73%. Interested in purchasing Canadian Pacific Railway stock? Use our calculator to estimate your expected dividend yield:
Canadian Pacific Railway Financial Ratios
Canadian Pacific Railway Dividend FAQ
Other factors to consider when evaluating Canadian Pacific Railway as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Canadian Pacific Railway's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Canadian Pacific Railway publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Canadian Pacific Railway distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Canadian Pacific Railway are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Canadian Pacific Railway sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Canadian Pacific Railway distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Canadian Pacific Railway declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Canadian Pacific Railway's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Canadian Pacific Railway's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.