By the end of today, October 30, 2023, Canadian Pacific Kansas CP is set to deliver a dividend payout of $0.19 per share, equating to an annualized dividend yield of 0.69%. The company's dividend payout went ex-dividend on September 28, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Canadian Pacific Kansas Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-28 | 4 | $0.19 | 0.69% | 2023-07-27 | 2023-09-29 | 2023-10-30 |
| 2023-06-29 | 4 | $0.19 | 0.7% | 2023-04-26 | 2023-06-30 | 2023-07-31 |
| 2023-03-30 | 4 | $0.19 | 0.73% | 2023-01-31 | 2023-03-31 | 2023-04-24 |
| 2022-12-29 | 4 | $0.19 | 0.78% | 2022-10-26 | 2022-12-30 | 2023-01-30 |
| 2022-09-29 | 4 | $0.19 | 0.79% | 2022-07-27 | 2022-09-30 | 2022-10-31 |
| 2022-06-23 | 4 | $0.19 | 0.8% | 2022-04-26 | 2022-06-24 | 2022-07-25 |
| 2022-03-24 | 4 | $0.19 | 0.81% | 2022-01-27 | 2022-03-25 | 2022-04-25 |
| 2021-12-30 | 4 | $0.19 | 0.84% | 2021-10-19 | 2021-12-31 | 2022-01-31 |
| 2021-09-23 | 4 | $0.19 | 0.83% | 2021-07-27 | 2021-09-24 | 2021-10-25 |
| 2021-06-24 | 4 | $0.19 | 0.83% | 2021-04-20 | 2021-06-25 | 2021-07-26 |
| 2021-03-25 | 4 | $0.19 | 0.87% | 2021-01-26 | 2021-03-26 | 2021-04-26 |
| 2020-12-30 | 4 | $0.19 | 0.89% | 2020-10-20 | 2020-12-31 | 2021-01-25 |
Analyzing Canadian Pacific Kansas Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.63 in 2019 to $0.76 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For Canadian Pacific Kansas
The earnings chart above shows that from 2019 to 2022, Canadian Pacific Kansas has experienced an increase in their earnings from $2.47 per share to $2.79 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article provides an in-depth analysis of Canadian Pacific Kansas's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.19 per share, resulting in an annualized dividend yield of 0.69%.
Given that Canadian Pacific Kansas has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[Track real-time stock fluctuations for Canadian Pacific Kansas on Benzinga.](https://www.benzinga.com/quote/Canadian Pacific Kansas (NYSE: CP))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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