Canadian Pacific Kansas City Limited (CP) To Go Ex-Dividend on March 27th

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) announced a quarterly dividend on Wednesday, January 28th. Stockholders of record on Friday, March 27th will be paid a dividend of 0.228 per share by the transportation company on Monday, April 27th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, March 27th.

Canadian Pacific Kansas City has decreased its dividend payment by an average of 0.0%per year over the last three years. Canadian Pacific Kansas City has a payout ratio of 20.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Canadian Pacific Kansas City to earn $3.93 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 16.8%.

Canadian Pacific Kansas City Trading Down 0.3%

CP stock opened at $79.19 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 0.49 and a debt-to-equity ratio of 0.43. The company has a market cap of $71.10 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 1.62 and a beta of 1.06. The business has a fifty day simple moving average of $80.13 and a 200-day simple moving average of $75.97. Canadian Pacific Kansas City has a 52 week low of $66.49 and a 52 week high of $89.42.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its earnings results on Wednesday, January 28th. The transportation company reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.85 billion. Canadian Pacific Kansas City had a net margin of 27.49% and a return on equity of 8.91%. Canadian Pacific Kansas City’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.29 EPS. On average, equities research analysts expect that Canadian Pacific Kansas City will post 3.42 EPS for the current year.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.