Canadian Pacific Kansas City Limited Announces Dividend Details

Canadian Pacific Kansas City Limited Declares Dividend
The Board of Directors of Canadian Pacific Kansas City Limited (TSX: CP) has announced the declaration of a quarterly dividend. This marks a significant moment for the company and its shareholders, as dividends are an essential part of financial returns on investments in the stock market.
Details of the Dividend Announcement
The declared dividend is set at $0.228 per share for the outstanding Common Shares. This announcement reflects the company’s ongoing commitment to delivering shareholder value. The dividend will be payable to holders of record as of a stated date, and it is recognized as an eligible dividend under relevant tax legislation.
Payment Schedule for Shareholders
The dividend is scheduled to be paid on a specific date, allowing shareholders to anticipate and plan for this financial benefit. Such regular payments are crucial as they provide a steady income stream for investors, highlighting the company's stable financial position.
About Canadian Pacific Kansas City Limited
With headquarters in Calgary, Canada, Canadian Pacific Kansas City Limited is recognized for being the first and only single-line transnational railway. This unique positioning allows it to link Canada, the United States, and Mexico seamlessly. The railway boasts an impressive network that spans approximately 20,000 route miles, providing exceptional access to major ports throughout North America.
Services Offered by CPKC
Canadian Pacific Kansas City Limited offers an extensive suite of freight transportation services. Their logistics solutions are tailored to meet the growing needs of their customers, ensuring efficient supply chain operations across key market areas.
Importance of CPKC's Railway Network
The railway network set up by CPKC is not only vast but also strategically important for trade and commerce in North America. This connectivity to major ports—from the Pacific coast to the Gulf Coast and into Mexico—positions the company as a crucial player in the freight transportation sector.
Frequently Asked Questions
What is the amount of the declared dividend by CPKC?
The declared dividend by Canadian Pacific Kansas City Limited is $0.228 per share on the outstanding Common Shares.
When will the dividend be paid by CPKC?
The dividend is scheduled for payment on a set date, providing shareholders with clarity regarding their earnings.
Why is the CPKC network significant?
CPKC's network is significant as it connects Canada, the United States, and Mexico, providing essential access to major ports and facilitating international trade.
How does CPKC contribute to logistics?
CPKC offers a variety of freight transportation services and logistics solutions that enhance supply chain efficiency for its customers.
Where can I learn more about CPKC?
For more information about Canadian Pacific Kansas City Limited and its services, interested parties can visit their official website.
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