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
From 2019 to 2022, Canadian Pacific Kansas experienced a growth in earnings per share, with an increase from $2.47 to $2.79. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article takes an in-depth look at Canadian Pacific Kansas's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.19 per share today, translating to an annualized dividend yield of 0.69%.
The upward trend in dividend per share and earnings per share for Canadian Pacific Kansas from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits 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.
[See current stock movements 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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