Canadian Pacific Railway Ltd. (CP) Dividends
Dividend Yield and Dividend History Highlights
- Regarding free cash flow variation: CP reports less variability in its cash flow than 92.5% of dividend stocks in our set.
- If you're seeking price stability while collecting dividends, note that CP has less volatility in its price than merely 1.49% of US stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CP's price: IAG, KGC, ORAN, TJX and HI.
CP Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $81.93 | $7.63 | -90.75% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Canadian Pacific Railway Ltd, the DDM model, as implemented by StockNews, implies a negative return of 90.75% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Canadian Pacific Railway Ltd are:
- In terms of opportunity, Canadian Pacific Railway Ltd's estimated return of -90.75% surpasses about 5.32% of dividend issuers we applied the dividend discount model to.
- A stock's beta generally indicates its volatility relative to the broader equity market; for Canadian Pacific Railway Ltd, its beta is lower than merely 100% of dividend issuing stocks we observed.
- As other dividend issuers in the Industrials sector, CP's equity discount rate is less than merely 1.72% of those stocks.
CP Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-27 | Dividend | $0.14 | -50.70% |
| 2023-12-28 | Dividend | $0.28 | +101.42% |
| 2023-09-28 | Dividend | $0.14 | -2.08% |
| 2023-06-29 | Dividend | $0.14 | +2.86% |
| 2023-03-30 | Dividend | $0.14 | -- |
| 2022-12-29 | Dividend | $0.14 | -50.53% |
| 2022-09-29 | Dividend | $0.28 | +92.52% |
| 2022-06-23 | Dividend | $0.15 | -3.29% |
| 2022-03-24 | Dividend | $0.15 | +1.33% |
| 2021-12-30 | Dividend | $0.15 | -- |
| 2021-09-23 | Dividend | $0.15 | -- |
| 2021-05-14 | Split | 5-1-for-1 Stock Split | N/A |
| 2020-12-30 | Dividend | $0.75 | +5.22% |
| 2020-09-24 | Dividend | $0.71 | +16.04% |
| 2020-06-25 | Dividend | $0.61 | +3.56% |
| 2020-03-26 | Dividend | $0.59 | -7.09% |
| 2019-12-26 | Dividend | $0.64 | +1.44% |
| 2019-09-26 | Dividend | $0.63 | -1.26% |
| 2019-06-27 | Dividend | $0.63 | +30.45% |
| 2019-03-28 | Dividend | $0.49 | +1.89% |
| 2018-12-27 | Dividend | $0.48 | -4.98% |
| 2018-09-27 | Dividend | $0.50 | +1.62% |
| 2018-06-28 | Dividend | $0.49 | +12.79% |
| 2018-03-22 | Dividend | $0.44 | -0.45% |
| 2017-12-28 | Dividend | $0.44 | -2.44% |
| 2017-09-28 | Dividend | $0.45 | +8.15% |
| 2017-06-28 | Dividend | $0.42 | +10.90% |
| 2017-03-29 | Dividend | $0.38 | +1.08% |
| 2016-12-28 | Dividend | $0.37 | -2.62% |
| 2016-09-28 | Dividend | $0.38 | -- |
| 2016-06-22 | Dividend | $0.38 | +9.14% |
| 2016-03-22 | Dividend | $0.35 | +33.59% |
| 2015-12-29 | Dividend | $0.26 | -2.13% |
| 2015-09-23 | Dividend | $0.27 | -8.51% |
| 2015-06-24 | Dividend | $0.29 | +4.43% |
| 2015-03-25 | Dividend | $0.28 | -7.13% |
| 2014-12-29 | Dividend | $0.30 | -5.19% |
| 2014-09-24 | Dividend | $0.32 | -2.36% |
| 2014-06-25 | Dividend | $0.33 | +4.49% |
| 2014-03-26 | Dividend | $0.31 | -4.82% |
| 2013-12-24 | Dividend | $0.33 | -3.53% |
| 2013-09-25 | Dividend | $0.34 | +2.20% |
| 2013-06-26 | Dividend | $0.33 | -2.72% |
| 2013-03-26 | Dividend | $0.34 | -3.09% |
| 2012-12-26 | Dividend | $0.35 | -1.29% |
| 2012-09-26 | Dividend | $0.36 | +4.17% |
| 2012-06-20 | Dividend | $0.34 | +13.39% |
| 2012-03-28 | Dividend | $0.30 | +2.86% |
| 2011-12-28 | Dividend | $0.29 | -0.10% |
| 2011-09-28 | Dividend | $0.29 | -4.26% |
| 2011-06-22 | Dividend | $0.31 | +9.79% |
| 2011-03-23 | Dividend | $0.28 | +3.70% |
| 2010-12-29 | Dividend | $0.27 | +3.85% |
| 2010-09-22 | Dividend | $0.26 | -3.70% |
| 2010-06-23 | Dividend | $0.27 | +11.57% |
| 2010-03-24 | Dividend | $0.24 | +0.83% |
| 2009-12-29 | Dividend | $0.24 | +3.45% |
| 2009-09-23 | Dividend | $0.23 | +8.36% |
| 2009-06-24 | Dividend | $0.21 | +5.99% |
| 2009-03-25 | Dividend | $0.20 | -- |
| 2008-12-22 | Dividend | $0.20 | -15.69% |
| 2008-09-24 | Dividend | $0.24 | -3.19% |
| 2008-06-25 | Dividend | $0.25 | +0.61% |
| 2008-03-26 | Dividend | $0.25 | +10.81% |
| 2007-12-26 | Dividend | $0.22 | -1.16% |
| 2007-09-26 | Dividend | $0.22 | +6.95% |
| 2007-06-27 | Dividend | $0.21 | +8.02% |
| 2007-03-28 | Dividend | $0.19 | +20.00% |
| 2006-12-27 | Dividend | $0.16 | -3.86% |
| 2006-09-27 | Dividend | $0.17 | +1.75% |
| 2006-06-28 | Dividend | $0.17 | +2.79% |
| 2006-03-29 | Dividend | $0.16 | +25.96% |
| 2005-12-28 | Dividend | $0.13 | -14.73% |
| 2005-09-28 | Dividend | $0.15 | +23.36% |
| 2005-06-22 | Dividend | $0.12 | +11.15% |
| 2005-03-22 | Dividend | $0.11 | -0.55% |
| 2004-12-29 | Dividend | $0.11 | +7.11% |
| 2004-09-22 | Dividend | $0.10 | +9.72% |
| 2004-06-23 | Dividend | $0.09 | -6.40% |
| 2004-03-24 | Dividend | $0.10 | -- |
| 2003-12-22 | Dividend | $0.10 | +42.86% |
| 2003-09-24 | Dividend | $0.07 | -22.22% |
| 2003-06-25 | Dividend | $0.09 | -- |
| 2003-03-26 | Dividend | $0.09 | +12.50% |
| 2002-12-24 | Dividend | $0.08 | -- |
| 2002-09-25 | Dividend | $0.08 | -- |
| 2002-06-25 | Dividend | $0.08 | -- |
| 2002-03-25 | Dividend | $0.08 | -- |
| 2001-12-24 | Dividend | $0.08 | -42.86% |
| 2001-10-03 | Dividend | $0.14 | +55.56% |
| 2001-08-23 | Dividend | $0.09 | -- |
| 2001-06-25 | Dividend | $0.09 | -- |
| 2001-03-23 | Dividend | $0.09 | -- |
| 2000-12-22 | Dividend | $0.09 | -35.71% |
| 2000-09-25 | Dividend | $0.14 | -- |
| 2000-06-23 | Dividend | $0.14 | -- |
| 2000-03-23 | Dividend | $0.14 | -- |
| 1999-12-21 | Dividend | $0.14 | -- |
| 1999-09-23 | Dividend | $0.14 | -- |
| 1999-06-23 | Dividend | $0.14 | -- |
| 1999-03-24 | Dividend | $0.14 | -- |
| 1998-12-22 | Dividend | $0.14 | -- |
| 1998-09-23 | Dividend | $0.14 | -- |
| 1998-06-24 | Dividend | $0.14 | +16.67% |
| 1998-03-25 | Dividend | $0.12 | -- |
| 1997-12-22 | Dividend | $0.12 | -- |
| 1997-09-24 | Dividend | $0.12 | -- |
| 1997-06-25 | Dividend | $0.12 | -- |
| 1997-03-25 | Dividend | $0.12 | -- |
| 1996-12-24 | Dividend | $0.12 | -- |
| 1996-09-25 | Dividend | $0.12 | -- |
| 1996-06-25 | Dividend | $0.12 | -- |
| 1996-03-25 | Dividend | $0.12 | -- |
| 1995-12-22 | Dividend | $0.12 | +50.00% |
| 1995-06-23 | Dividend | $0.08 | -- |
| 1995-03-21 | Dividend | $0.08 | -- |
| 1994-12-19 | Dividend | $0.08 | -- |
| 1994-09-21 | Dividend | $0.08 | -- |
| 1994-06-21 | Dividend | $0.08 | -- |
| 1994-05-02 | Dividend | $0.08 | -- |
| 1994-03-21 | Dividend | $0.08 | -- |
| 1993-12-17 | Dividend | $0.08 | -- |
| 1993-09-21 | Dividend | $0.08 | -- |
| 1993-06-21 | Dividend | $0.08 | -- |
| 1993-03-22 | Dividend | $0.08 | -- |
| 1992-12-18 | Dividend | $0.08 | -- |
| 1992-09-21 | Dividend | $0.08 | -- |
| 1992-06-22 | Dividend | $0.08 | -- |
| 1991-12-20 | Dividend | $0.08 | -50.00% |
| 1991-09-23 | Dividend | $0.16 | -- |
| 1991-06-24 | Dividend | $0.16 | -30.43% |
| 1991-03-21 | Dividend | $0.23 | -- |
| 1990-12-20 | Dividend | $0.23 | -- |
| 1990-09-21 | Dividend | $0.23 | -- |
| 1990-06-21 | Dividend | $0.23 | -- |
| 1990-03-21 | Dividend | $0.23 | -- |
| 1989-12-20 | Dividend | $0.23 | -- |
| 1989-09-21 | Dividend | $0.23 | +21.05% |
| 1989-06-21 | Dividend | $0.19 | -- |
| 1989-03-20 | Dividend | $0.19 | -- |
| 1988-12-19 | Dividend | $0.19 | -- |
| 1988-09-21 | Dividend | $0.19 | +26.67% |
| 1988-06-21 | Dividend | $0.15 | -- |
| 1988-03-21 | Dividend | $0.15 | -- |
| 1987-12-18 | Dividend | $0.15 | -- |
| 1985-06-10 | Split |
CP Dividends vs. Peers
CP's dividend yield currently ranks #13 of 22 vs. its peers in the Railroads category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | GWR | Genesee & Wyoming Inc. | 0.00% |
| 2 | FSTR | L.B. Foster Company | 0.00% |
| 3 | EJPRY | East Japan Railway Company | 0.00% |
| 4 | WAB | Wabtec | 0.00% |
| 5 | CDGLY | ComfortDelGro Corporation Limited | 0.00% |
| 6 | MTCPY | MTR Corporation Limited | 0.00% |
| 7 | NSC | Norfolk Southern Corp. | 0.00% |
| 8 | CJPRY | Central Japan Railway Co. ADR | 0.00% |
| 9 | KIQ | Kelso Technologies Inc Ordinary Shares | 0.00% |
| 10 | RVSN | Rail Vision Ltd. | 0.00% |
| 11 | CNI | Canadian National Railway Co. | 0.00% |
| 12 | TRN | Trinity Industries, Inc. | 0.00% |
| 13 | CP | Canadian Pacific Railway Ltd. | 0.00% |
| 14 | GBX | Greenbrier Companies, Inc. (The) | 0.00% |
| 15 | ARII | American Railcar Industries, Inc. | 0.00% |
| 16 | KSU | Kansas City Southern | 0.00% |
| 17 | RAIL | Freightcar America, Inc. | 0.00% |
| 18 | CSX | CSX Corp. | 0.00% |
| 19 | GSHHY | Guangshen Railway Company Limited | 0.00% |
| 20 | UNP | Union Pacific Corp. | 0.00% |
| 21 | WJRYY | West Japan Railway Company | 0.00% |
| 22 | GATX | GATX Corporation | 0.00% |
Looking for More Information on CP dividends?
Want to do more research on Canadian Pacific Railway Ltd's dividends? Try the links below:Canadian Pacific Railway Ltd Common Stock (CP) Dividend History | Nasdaq
Dividend History for Canadian Pacific Railway Ltd (CP) - Dividend Investor
Canadian Pacific Railway Ltd (CP) Dividend History - Seeking Alpha