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CALGARY - Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP), a $70.69 billion market cap railway operator with an impressive 25-year history of consistent dividend payments, announced Wednesday that its Board of Directors has declared a quarterly dividend of $0.228 per share on outstanding Common Shares.
The dividend will be payable on October 27, 2025, to shareholders of record at the close of business on September 26, 2025. The dividend represents a 0.88% yield and reflects a robust 19.2% growth over the last twelve months. The company noted that this dividend qualifies as an "eligible" dividend for purposes of the Income Tax Act in Canada and similar provincial/territorial legislation. According to InvestingPro, which offers comprehensive dividend analysis among its 10+ exclusive insights for CP, the company trades near its Fair Value.
CPKC, headquartered in Calgary, Alberta, operates as a transnational railway connecting Canada, the United States, and Mexico. The company’s network spans approximately 20,000 route miles and employs about 20,000 railroaders across North America.
The announcement came via a press release statement from the railway operator.
In other recent news, Canadian Pacific Kansas City Limited has experienced a shift in analyst ratings. Goldman Sachs has downgraded the railway company’s stock rating from Buy to Neutral. This decision was influenced by a recent change in the target multiple for Canadian Pacific, aligning it with the lowered target multiples for its peers. Despite the downgrade, Goldman Sachs has maintained a price target of $91.00. Additionally, the 12-month price target on the Toronto Stock Exchange remains unchanged at C$126, based on a price-to-earnings multiple of approximately 22.5 times. This multiple is consistent with Canadian Pacific’s five-year average. The firm continues to forecast the company’s earnings per share to be C$5.64 from the fifth to the eighth quarter. These developments are part of the latest updates concerning Canadian Pacific Kansas City Limited.
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