CPKC Declares 17.5% Increase in Quarterly Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy CP?
Source: PRnewswire
- Dividend Increase: CPKC announced a rise in its quarterly dividend from CAD 0.228 to CAD 0.268 per share, marking a 17.5% increase that reflects the company's ongoing commitment to returning cash to shareholders and bolstering investor confidence.
- Payment Schedule: The new dividend will be payable on July 27, 2026, to shareholders of record as of June 26, 2026, ensuring timely returns for investors and further solidifying the company's relationship with its shareholders.
- Operational Resilience: Since its historic merger, CPKC has successfully demonstrated the strength of its unique network and the resilience of its operating model, indicating the company's competitiveness and adaptability in a complex market environment.
- Market Coverage Advantage: As the only single-line transnational railway, CPKC spans approximately 20,000 route miles and employs around 20,000 railroaders, providing unparalleled rail service that enhances its strategic position in the North American market.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CP?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CP
Wall Street analysts forecast CP stock price to fall
15 Analyst Rating
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 87.360
Low
63.35
Averages
86.07
High
92.86
Current: 87.360
Low
63.35
Averages
86.07
High
92.86
About CP
Canadian Pacific Kansas City Limited (CPKC) is a single-line transnational railway linking Canada, the United States and Mexico, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lazaro Cardenas, Mexico. The Company operates over 20,000 route miles and provides North American customers unparalleled rail service and network reach to key markets across the continent. It delivers integrated freight transportation, logistics, and supply chain solutions across North America. Its network supports the movement of bulk commodities, intermodal freight, and merchandise. It offers a suite of freight transportation services, logistics solutions and supply chain expertise. It serves sectors including grain (Canada and U.S.), automotive, intermodal, forest and industrial products, energy, chemicals, plastics, and transload. The network also links auto assembly plants, parts suppliers, and distribution centers, supporting the automotive supply chain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Canadian Pacific Kansas City Q1 Earnings Preview
- Earnings Announcement Date: Canadian Pacific Kansas City is set to release its Q1 2023 earnings on April 29 after market close, with consensus EPS estimate at $0.78, reflecting a 26.4% year-over-year decline, and revenue expected at $2.74 billion, down 27.9%, indicating significant profitability challenges ahead.
- Earnings Expectations Analysis: Historically, Canadian Pacific has surpassed EPS estimates 75% of the time and revenue estimates 75% of the time over the past two years; however, the lack of upward revisions and 11 downward adjustments in EPS forecasts suggest a weakening market confidence in its earnings potential.
- Revenue Forecast Changes: In the last three months, revenue estimates have seen one upward revision and six downward revisions, highlighting a cautious market outlook on the company's future performance amid the current economic climate.
- Future Growth Targets: Despite these challenges, Canadian Pacific aims for low double-digit earnings growth by 2026, driven by record grain harvests and expanded network services, indicating a long-term optimistic strategic outlook for the company.
See More
CPKC Declares 17.5% Increase in Quarterly Dividend
- Dividend Increase: CPKC announced a rise in its quarterly dividend from CAD 0.228 to CAD 0.268 per share, marking a 17.5% increase that reflects the company's ongoing commitment to returning cash to shareholders and bolstering investor confidence.
- Payment Schedule: The new dividend will be payable on July 27, 2026, to shareholders of record as of June 26, 2026, ensuring timely returns for investors and further solidifying the company's relationship with its shareholders.
- Operational Resilience: Since its historic merger, CPKC has successfully demonstrated the strength of its unique network and the resilience of its operating model, indicating the company's competitiveness and adaptability in a complex market environment.
- Market Coverage Advantage: As the only single-line transnational railway, CPKC spans approximately 20,000 route miles and employs around 20,000 railroaders, providing unparalleled rail service that enhances its strategic position in the North American market.
See More
CPKC Declares 17.5% Increase in Quarterly Dividend
- Dividend Increase: CPKC's Board of Directors declared a quarterly dividend of $0.268 per share, marking a 17.5% increase from the previous $0.228, reflecting the company's ongoing commitment to returning cash to shareholders.
- Operational Resilience: Over the past three years since its historic merger, CPKC has successfully demonstrated the strength of its unique network and the resilience of its operating model, enhancing confidence in shareholder value creation.
- Dividend Payment Schedule: The dividend is payable on July 27, 2026, to shareholders on record as of June 26, 2026, qualifying as an
See More
CPKC Reaches New Tentative Agreements with Unions
- Labor Agreements Finalized: CPKC has reached new tentative collective bargaining agreements with SMART-TD and BLET, consolidating 11 existing contracts into two long-term agreements covering approximately 1,700 employees, ensuring labor stability from 2025 to 2034.
- Employee Benefits Enhanced: The new agreements not only enhance employee flexibility but also bring meaningful improvements in pay and quality of life, reflecting CPKC's commitment to supporting its railroaders and their families while boosting the company's ability to serve customers effectively.
- Expanded Coverage: The agreements cover Train & Engine service employees across 11 states, including Illinois and Iowa, marking a significant modernization and integration of CPKC's U.S. network, thereby improving operational efficiency.
- Significant Negotiation Outcomes: The ratification of these agreements will conclude negotiations for approximately 81% of CPKC's U.S. T&E workforce, representing a major advancement in labor relations and strengthening the foundation for future negotiations.
See More
CPKC Reaches New Labor Agreements with Unions
- Labor Agreements Finalized: CPKC has reached tentative agreements with SMART-TD and BLET, consolidating 11 existing contracts into two long-term agreements covering approximately 1,700 employees, ensuring labor stability from 2025 to 2034.
- Enhanced Employee Benefits: The new agreements not only improve pay and quality of life but also enhance flexibility, aiming to support railroaders and their families while strengthening the ability to serve customers effectively.
- Broad Coverage: The agreements cover Train & Engine service employees across 11 states, marking a modernization of labor relations within CPKC's U.S. network and improving overall operational efficiency.
- Significant Negotiation Outcomes: The conclusion of these agreements represents the completion of negotiations for approximately 81% of CPKC's U.S. T&E workforce, further solidifying the company's competitive position in the North American market.
See More
CITIGROUP INCREASES TARGET PRICE FOR CANADIAN PACIFIC KANSAS CITY TO $93, UP FROM $86
Citigroup's Price Target Adjustment: Citigroup Group has raised its price target for Star Group from $86 to $93.
Market Implications: This adjustment reflects Citigroup's positive outlook on Star Group's performance in the market.
See More
Canadian Pacific Kansas City Q1 Earnings Preview
- Earnings Announcement Date: Canadian Pacific Kansas City is set to release its Q1 2023 earnings on April 29 after market close, with consensus EPS estimate at $0.78, reflecting a 26.4% year-over-year decline, and revenue expected at $2.74 billion, down 27.9%, indicating significant profitability challenges ahead.
- Earnings Expectations Analysis: Historically, Canadian Pacific has surpassed EPS estimates 75% of the time and revenue estimates 75% of the time over the past two years; however, the lack of upward revisions and 11 downward adjustments in EPS forecasts suggest a weakening market confidence in its earnings potential.
- Revenue Forecast Changes: In the last three months, revenue estimates have seen one upward revision and six downward revisions, highlighting a cautious market outlook on the company's future performance amid the current economic climate.
- Future Growth Targets: Despite these challenges, Canadian Pacific aims for low double-digit earnings growth by 2026, driven by record grain harvests and expanded network services, indicating a long-term optimistic strategic outlook for the company.
See More
CPKC Declares 17.5% Increase in Quarterly Dividend
- Dividend Increase: CPKC announced a rise in its quarterly dividend from CAD 0.228 to CAD 0.268 per share, marking a 17.5% increase that reflects the company's ongoing commitment to returning cash to shareholders and bolstering investor confidence.
- Payment Schedule: The new dividend will be payable on July 27, 2026, to shareholders of record as of June 26, 2026, ensuring timely returns for investors and further solidifying the company's relationship with its shareholders.
- Operational Resilience: Since its historic merger, CPKC has successfully demonstrated the strength of its unique network and the resilience of its operating model, indicating the company's competitiveness and adaptability in a complex market environment.
- Market Coverage Advantage: As the only single-line transnational railway, CPKC spans approximately 20,000 route miles and employs around 20,000 railroaders, providing unparalleled rail service that enhances its strategic position in the North American market.
See More
CPKC Declares 17.5% Increase in Quarterly Dividend
- Dividend Increase: CPKC's Board of Directors declared a quarterly dividend of $0.268 per share, marking a 17.5% increase from the previous $0.228, reflecting the company's ongoing commitment to returning cash to shareholders.
- Operational Resilience: Over the past three years since its historic merger, CPKC has successfully demonstrated the strength of its unique network and the resilience of its operating model, enhancing confidence in shareholder value creation.
- Dividend Payment Schedule: The dividend is payable on July 27, 2026, to shareholders on record as of June 26, 2026, qualifying as an
See More
CPKC Reaches New Tentative Agreements with Unions
- Labor Agreements Finalized: CPKC has reached new tentative collective bargaining agreements with SMART-TD and BLET, consolidating 11 existing contracts into two long-term agreements covering approximately 1,700 employees, ensuring labor stability from 2025 to 2034.
- Employee Benefits Enhanced: The new agreements not only enhance employee flexibility but also bring meaningful improvements in pay and quality of life, reflecting CPKC's commitment to supporting its railroaders and their families while boosting the company's ability to serve customers effectively.
- Expanded Coverage: The agreements cover Train & Engine service employees across 11 states, including Illinois and Iowa, marking a significant modernization and integration of CPKC's U.S. network, thereby improving operational efficiency.
- Significant Negotiation Outcomes: The ratification of these agreements will conclude negotiations for approximately 81% of CPKC's U.S. T&E workforce, representing a major advancement in labor relations and strengthening the foundation for future negotiations.
See More
CPKC Reaches New Labor Agreements with Unions
- Labor Agreements Finalized: CPKC has reached tentative agreements with SMART-TD and BLET, consolidating 11 existing contracts into two long-term agreements covering approximately 1,700 employees, ensuring labor stability from 2025 to 2034.
- Enhanced Employee Benefits: The new agreements not only improve pay and quality of life but also enhance flexibility, aiming to support railroaders and their families while strengthening the ability to serve customers effectively.
- Broad Coverage: The agreements cover Train & Engine service employees across 11 states, marking a modernization of labor relations within CPKC's U.S. network and improving overall operational efficiency.
- Significant Negotiation Outcomes: The conclusion of these agreements represents the completion of negotiations for approximately 81% of CPKC's U.S. T&E workforce, further solidifying the company's competitive position in the North American market.
See More
CITIGROUP INCREASES TARGET PRICE FOR CANADIAN PACIFIC KANSAS CITY TO $93, UP FROM $86
Citigroup's Price Target Adjustment: Citigroup Group has raised its price target for Star Group from $86 to $93.
Market Implications: This adjustment reflects Citigroup's positive outlook on Star Group's performance in the market.
See More
