logo
Share SHARE
FONT-SIZE Plus   Neg

Canadian Pacific Railway Hikes Dividend - Quick Facts

Canadian Pacific Railway Limited (CP, CP.TO) said Monday that its board declared an increase in its next quarterly dividend to C$0.35 per share, from C$0.30 per share. The increased dividend is payable on July 30, 2012 to holders of record at the close of business on June 22, 2012.

Last Friday, Canadian Pacific Railway reported first-quarter net income of C$142 million or C$0.82 per share, higher than C$34 million or C$0.20 per share a year ago. Total revenues rose to C$1.38 billion from C$1.16 billion in the prior-year quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Bimbo Bakeries is recalling packages of certain bread products across 11 states, after it received three consumer-reports of small pieces of glass found on the outside of the bread. Design software maker Autodesk, Inc. said Thursday after the markets closed that it swung to a second quarter loss, hurt by lower revenue and a hefty tax charge. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. GameStop reported an increase in second-quarter profit, driven by strong same-store sales growth and improved margins, partly offset by a stronger dollar and one-time charges. Both earnings and sales surpassed Wall Street estimates. The video-game retailer lifted its guidance for 2015. GameStop shares gained about 2 percent in after-hours trade.
comments powered by Disqus
RELATED NEWS
Trade CP now with 
Follow RTT