Canadian Pacific Kansas City Limited (NYSE:CP) Declares Quarterly Dividend of C$0.27

Key Points

• Canadian Pacific Kansas City declared a quarterly dividend of C$0.27 per share, payable January 25 to shareholders of record December 31. The annualized dividend is approximately C$1.07, with a 1.2% yield and a payout ratio indicating earnings coverage.
• Third-quarter revenue rose 15.2% year over year to about $2.96 billion, but reported EPS of $0.91 fell short of the $0.94 analyst consensus and declined from $1.10 a year earlier.
• Shares opened at $89.65, down 1.6%, while the company continues to benefit from its North American rail network and reported strong intermodal performance and new long-term freight agreements.

Canadian Pacific Kansas City Limited (NYSE:CP - Get Free Report) TSE: CP announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Thursday, December 31st will be given a dividend of C$0.27 per share by the transportation company on Monday, January 25th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, December 31st.

Canadian Pacific Kansas City has a dividend payout ratio of 23.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Canadian Pacific Kansas City to earn $4.28 per share next year, which means the company should continue to be able to cover its $0.77 annual dividend with an expected future payout ratio of 18.0%.

Canadian Pacific Kansas City Stock Down 1.6%

Shares of NYSE:CP opened at $89.65 on Thursday. The firm's 50 day moving average price is $88.98 and its 200 day moving average price is $85.73. The stock has a market cap of $78.45 billion, a price-to-earnings ratio of 28.83, a price-to-earnings-growth ratio of 1.88 and a beta of 1.13. Canadian Pacific Kansas City has a fifty-two week low of $68.42 and a fifty-two week high of $96.90. The company has a quick ratio of 0.50, a current ratio of 0.59 and a debt-to-equity ratio of 0.47.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last announced its quarterly earnings results on Wednesday, October 28th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.94 by ($0.03). The business had revenue of $2.96 billion during the quarter, compared to analyst estimates of $2.96 billion. Canadian Pacific Kansas City had a net margin of 25.02% and a return on equity of 9.02%. The business's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period last year, the company earned $1.10 earnings per share. As a group, equities research analysts predict that Canadian Pacific Kansas City will post 3.68 earnings per share for the current fiscal year.

Trending Headlines about Canadian Pacific Kansas City

Here are the key news stories impacting Canadian Pacific Kansas City this week:

• Positive Sentiment: Management reported solid third-quarter results, including $4.2 billion in revenue, $1.04 in diluted EPS and $1.28 in core adjusted diluted EPS. The company said momentum across its North American network helped offset macroeconomic pressure. Conference-call coverage also highlighted record intermodal performance. CPKC reports solid third quarter results
• Positive Sentiment: CPKC signed a new five-year agreement with Elk Valley Resources, expanding its share of steelmaking-coal shipments from four British Columbia mines to Vancouver-area terminals. The contract should support longer-term freight volumes and network utilization. CPKC and EVR renew and expand rail service agreement
• Positive Sentiment: The board declared a quarterly dividend of $0.268 per share, payable January 25, 2027, providing ongoing shareholder income. Canadian Pacific Kansas City declares dividend
• Neutral Sentiment: BlackRock disclosed a 5.02% ownership stake in CPKC, signaling meaningful institutional participation but not necessarily an immediate change in the company’s fundamentals. BlackRock announces ownership stake
• Negative Sentiment: Third-party earnings coverage cited quarterly EPS of $0.91, below the $0.94 consensus estimate and down from $1.10 a year earlier, despite revenue increasing 15.2% year over year to approximately $2.96 billion. The company’s release separately reported $1.04 diluted EPS and $1.28 adjusted EPS, reflecting differing reporting measures. CPKC lags Q3 earnings estimates
• Negative Sentiment: Zacks Research downgraded CP from “strong buy” to “hold,” potentially reducing near-term buying support.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City Limited NYSE: CP is a North American transportation company that operates Canadian Pacific Kansas City (CPKC), a Class I freight railway. The company was created in 2023 through the combination of Canadian Pacific and Kansas City Southern, forming the first single-line railroad connecting Canada, the United States and Mexico.

CPKC transports a broad range of freight, including grain and fertilizers, coal, forest products, automotive goods, energy and chemicals, industrial and consumer products, and intermodal shipments.

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