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

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) declared a quarterly dividend on Wednesday, January 28th. Shareholders 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) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, March 27th.

Canadian Pacific Kansas City has decreased its dividend by an average of 0.1%annually over the last three years. Canadian Pacific Kansas City has a dividend payout ratio of 20.2% indicating that its dividend is sufficiently covered by earnings. Equities 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 Stock Up 5.6%

CP stock opened at $75.80 on Friday. The stock has a market capitalization of $68.04 billion, a PE ratio of 23.47, a price-to-earnings-growth ratio of 1.59 and a beta of 1.10. The company has a fifty day moving average of $73.04 and a 200-day moving average of $74.27. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.63. Canadian Pacific Kansas City has a one year low of $66.49 and a one year high of $83.65.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its earnings results on Wednesday, October 29th. The transportation company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.01). Canadian Pacific Kansas City had a return on equity of 8.88% and a net margin of 27.49%.The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the previous year, the firm posted $0.99 EPS. As a group, 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.