CALGARY, AB, July 27, 2021 /CNW/ - The Board of Directors
of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today
declared a quarterly dividend of $0.19 per share on the outstanding Common
Shares.
The dividend is payable on Oct. 25,
2021 to holders of record at the close of business on
Sept. 24, 2021, and is an "eligible"
dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial
legislation.
The quarterly dividend of $0.19
per share reflects the five-for-one share split of the outstanding
Common Shares that was approved by shareholders on April 21, 2021.
About Canadian Pacific
Canadian Pacific is a
transcontinental railway in Canada
and the United States with direct
links to major ports on the west and east coasts. CP provides North
American customers a competitive rail service with access to key
markets in every corner of the globe. CP is growing with its
customers, offering a suite of freight transportation services,
logistics solutions and supply chain expertise. Visit
cpr.ca to see the rail advantages of CP. CP-IR
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SOURCE Canadian Pacific