By Ketki Saxena
Investing.com -- On Thursday, July 27, 2023, the Board of Directors of Canadian Pacific Kansas City Limited (TSX:CP) announced a quarterly dividend on the company's outstanding common shares. This announcement was made from their global headquarters in Calgary, Alberta, Canada.
The dividend is payable on October 30, 2023 to all holders of record at the close of business on September 29, 2023. It has been classified as an "eligible" dividend under the Income Tax Act (Canada) and any similar provincial or territorial legislation.
Canadian Pacific Kansas City Limited (CPKC), a transnational railway company, links Canada, the United States, and Mexico. With access to major ports from Vancouver to Atlantic Canada to the Gulf of Mexico to Lázaro Cárdenas, Mexico, CPKC offers rail service and network reach to key markets across North America. The company operates approximately 20,000 route miles and employs around 20,000 railroaders.