Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 6,600 megawatts of power generation capacity at 26 facilities. It also manages its related electricity, natural gas, and emissions portfolios by undertaking trading and marketing activities. The company was founded in 1891 and is headquartered in Edmonton, Canada.
Capital Power Dividend Announcement
• Capital Power announced a quarterly dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-12-31
• Capital Power annual dividend for 2024 was $1.39
• Capital Power annual dividend for 2023 was $1.79
• Capital Power's trailing twelve-month (TTM) dividend yield is 3.25%
• Capital Power's payout ratio for the trailing twelve months (TTM) is 48.20%
• Capital Power's dividend growth over the last five years (2018-2023) was 6.42% year
• Capital Power's dividend growth over the last ten years (2013-2023) was 19.70% year
Capital Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | $0.00 | quarterly | |
2024-09-27 | $0.48 | quarterly | 2024-10-31 |
2024-06-28 | $0.45 | quarterly | 2024-07-31 |
2024-03-27 | $0.45 | quarterly | |
2023-12-28 | $0.47 | quarterly | 2024-01-31 |
2023-09-28 | $0.46 | quarterly | 2023-10-31 |
2023-06-29 | $0.44 | quarterly | 2023-07-31 |
2023-03-30 | $0.43 | quarterly | 2023-04-28 |
2022-12-29 | $0.43 | quarterly | 2023-01-31 |
2022-09-28 | $0.42 | quarterly | 2022-10-31 |
2022-06-29 | $0.42 | quarterly | 2022-07-29 |
2022-03-30 | $0.44 | quarterly | 2022-04-29 |
2021-12-30 | $0.43 | quarterly | 2022-01-31 |
2021-09-28 | $0.43 | quarterly | 2021-10-29 |
2021-06-29 | $0.41 | quarterly | 2021-07-30 |
2021-03-30 | $0.41 | quarterly | 2021-04-30 |
2020-12-30 | $0.40 | quarterly | 2021-01-29 |
2020-09-29 | $0.38 | quarterly | 2020-10-30 |
2020-06-29 | $0.35 | quarterly | 2020-07-31 |
2020-03-30 | $0.34 | quarterly | 2020-04-30 |
2019-12-30 | $0.37 | quarterly | 2020-01-31 |
2019-09-27 | $0.36 | quarterly | 2019-10-31 |
2019-06-27 | $0.34 | quarterly | 2019-07-31 |
2018-12-28 | $0.33 | quarterly | 2019-01-31 |
2018-09-27 | $0.34 | quarterly | 2018-10-31 |
2018-06-28 | $0.31 | quarterly | 2018-07-31 |
2018-03-28 | $0.32 | quarterly | 2018-04-30 |
2017-12-28 | $0.33 | quarterly | 2018-01-31 |
2017-09-28 | $0.33 | quarterly | 2017-10-31 |
2017-06-28 | $0.29 | quarterly | 2017-07-31 |
2017-03-29 | $0.29 | quarterly | 2017-04-28 |
2016-12-28 | $0.29 | quarterly | |
2016-09-28 | $0.30 | quarterly | |
2016-06-28 | $0.28 | quarterly | |
2016-03-29 | $0.28 | quarterly | |
2015-12-29 | $0.26 | quarterly | |
2015-09-28 | $0.27 | quarterly | |
2015-06-26 | $0.28 | quarterly | |
2015-03-27 | $0.27 | quarterly | |
2014-12-29 | $0.29 | quarterly | |
2014-09-26 | $0.31 | quarterly | |
2014-06-26 | $0.29 | quarterly | |
2014-03-27 | $0.28 | quarterly | |
2013-12-27 | $0.30 | quarterly |
Capital Power Dividend per year
Capital Power Dividend growth
Capital Power Dividend Yield
Capital Power current trailing twelve-month (TTM) dividend yield is 3.25%. Interested in purchasing Capital Power stock? Use our calculator to estimate your expected dividend yield:
Capital Power Financial Ratios
Capital Power Dividend FAQ
Other factors to consider when evaluating Capital Power 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: Capital Power'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, Capital Power 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, Capital Power 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 Capital Power 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: Capital Power 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, Capital Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Capital Power 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 Capital Power'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 Capital Power'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.