Capital Power Announces Attractive Dividend Distribution Plans
Overview of Dividend Announcements by Capital Power
Capital Power Corporation (TSX: CPX) has recently declared its quarterly dividend distributions, showcasing its commitment to shareholder returns. For the upcoming quarter, the company has announced a dividend of $0.6910 per share on its outstanding common shares, which is set to benefit shareholders recorded by the end of the month.
Details on Upcoming Dividend Payments
Shareholders of Capital Power can expect to receive their dividends on January 30, 2026. This payment will come following the record date, which is established as December 31, 2025. This quarter's announcement reflects the company’s proactive approach to maintaining a steady return to its investors, reinforcing confidence in its business model.
Preference Shares Dividend Declaration
In addition to the common shares, Capital Power's Board of Directors has also approved dividends on its Cumulative Rate Reset Preference Shares. The specifics of these distributions are as follows:
Series 1 Preferences
For Series 1 (CPX.PR.A), a dividend of $0.1638125 will be paid. The record date for this distribution is December 16, 2025, with payments following shortly on December 31, 2025.
Series 3 Preferences
For those holding Series 3 shares (CPX.PR.C), the dividend will amount to $0.4287500, with the same record and payment dates as Series 1.
Series 5 Preferences
Lastly, the Series 5 preference shares (CPX.PR.E) will see a dividend of $0.4144375, also following the same schedule in December.
Tax Advantages for Shareholders
It’s essential to note that all dividends declared this quarter qualify as eligible dividends under the Income Tax Act. This classification allows individuals residing in Canada to take advantage of enhanced dividend tax credits. These tax credits play a significant role in reducing the taxable income derived from these dividends, making them an attractive source of passive income for Canadian investors.
Capital Power's Commitment to Reconciliation
As part of its ongoing community engagement, Capital Power recognizes its operations within the traditional territories of Indigenous Peoples. The company's head office is positioned in an area that has long been a home for various Indigenous communities, demonstrating a commitment to honoring the diverse cultures and histories that enrich the region.
About Capital Power
Capital Power (TSX: CPX) prides itself as a forward-thinking power producer. With about 12 GW of power generation capacity across 32 facilities in North America, the company emphasizes delivering reliable, affordable energy while working towards a lower-carbon future. Its mission is encapsulated in the motto: Powering Change by Changing Power™.
Contact Information for Inquiries
Media Relations: Katherine Perron
(780) 392-5335
kperron@capitalpower.com
Investor Relations: Roy Arthur
(403) 736-3315
investor@capitalpower.com
Frequently Asked Questions
What is the dividend for common shares announced by Capital Power?
The declared dividend for common shares is $0.6910 per share for the quarter ending December 31, 2025.
When will Capital Power pay these dividends?
The dividends are set to be paid on January 30, 2026, for shareholders of record as of December 31, 2025.
Do the dividends qualify for tax credits?
Yes, all dividends declared are eligible dividends under the Income Tax Act, allowing for enhanced dividend tax credits for eligible residents in Canada.
What preference shares are included in the dividend announcement?
Dividends were announced for Series 1 (CPX.PR.A), Series 3 (CPX.PR.C), and Series 5 (CPX.PR.E) preference shares.
How does Capital Power engage with Indigenous communities?
Capital Power acknowledges its operations in the ancestral lands of Indigenous Peoples and recognizes their contributions to the community, striving for meaningful engagement and reconciliation.
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