Canadian Pacific Kansas City Limited (TSE:CP) Announces Quarterly Dividend of $0.27

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) declared a quarterly dividend on Friday, September 25th. Investors of record on Monday, October 26th will be paid a dividend of 0.268 per share on Monday, October 26th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 25th.

Canadian Pacific Kansas City Stock Performance

Shares of Canadian Pacific Kansas City stock opened at C$123.78 on Wednesday. The firm’s 50 day moving average is C$127.47 and its two-hundred day moving average is C$121.23. Canadian Pacific Kansas City has a 52 week low of C$96.50 and a 52 week high of C$133.38. The company has a quick ratio of 0.42, a current ratio of 0.59 and a debt-to-equity ratio of 53.93. The firm has a market capitalization of C$108.81 billion, a P/E ratio of 28.79, a P/E/G ratio of 2.32 and a beta of 1.30.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Wednesday, July 29th. The company reported C$1.27 earnings per share for the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%.The business had revenue of C$4.16 billion during the quarter. Research analysts forecast that Canadian Pacific Kansas City will post 4.3438583 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CP shares. JPMorgan Chase & Co. upped their price objective on Canadian Pacific Kansas City from C$135.00 to C$153.00 in a report on Thursday, July 30th. TD boosted their price target on Canadian Pacific Kansas City from C$128.00 to C$134.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Raymond James Financial raised their price objective on Canadian Pacific Kansas City from C$140.00 to C$144.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Stephens raised Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 8th. Finally, Scotiabank boosted their target price on Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and an average target price of C$134.36.

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.