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

Quick Facts

Editors Pick
The U.S. Consumer Products Safety Commission has asked Safety 1st to recall 35,000 highchairs after several children fell and were injured. The recall covers about 35,000 wooden Safety 1st highchairs in three models: HC144BZF (Casablanca), HC229CZF (Gentle Lace) and HC229CYG (Black Lace). Safety... Ferrari, the luxury car division of Fiat Chrysler Automobiles (FCAU) is reportedly getting a much higher valuation than previously expected driven by its premium status of manufacturing high-performance luxury cars. According to reports, Ferrari expects the IPO to bring its market valuation to about... SeaWorld Entertainment Inc. (SEAS) has received another blow to its business as the California Coastal Commission banned breeding of captive killer whales in San Diego. The new law means SeaWorld won't be allowed to breed captive orcas, including through artificial insemination, at its California...
comments powered by Disqus
Trade CP now with 
Follow RTT