Canadian Pacific Kansas City Limited (CP) to Issue Quarterly Dividend of $0.23 on April 27th

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) declared a quarterly dividend on Friday, March 27th, TickerTech Dividends reports. Investors of record on Monday, April 27th will be given a dividend of 0.228 per share on Monday, April 27th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 27th.

Canadian Pacific Kansas City Stock Performance

TSE:CP traded up C$0.39 during mid-day trading on Wednesday, hitting C$109.48. 95,785 shares of the company traded hands, compared to its average volume of 1,666,198. The stock’s fifty day moving average price is C$109.63 and its 200-day moving average price is C$105.02. Canadian Pacific Kansas City has a one year low of C$94.60 and a one year high of C$122.25. The company has a quick ratio of 0.42, a current ratio of 0.49 and a debt-to-equity ratio of 50.54. The firm has a market cap of C$98.31 billion, a price-to-earnings ratio of 24.27, a price-to-earnings-growth ratio of 2.32 and a beta of 1.14.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, January 28th. The company reported C$1.33 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.90% and a net margin of 27.46%.The firm had revenue of C$3.92 billion for the quarter. Research analysts anticipate that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on CP shares. BMO Capital Markets upped their price target on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Desjardins set a C$130.00 target price on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a research note on Thursday, January 29th. Scotiabank increased their price target on Canadian Pacific Kansas City from C$119.00 to C$124.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. National Bank Financial downgraded Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. Finally, TD Securities cut their target price on Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating for the company in a research report on Thursday, January 29th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$119.57.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.