Canadian Pacific Railway Limited declares dividend

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Aug 06, 2010, 01:44 ET

CALGARY, Aug. 6 /PRNewswire-FirstCall/ - The Board of Directors of Canadian Pacific Railway Limited (TSX/NYSE: CP) today declared a quarterly dividend of twenty seven cents ($0.27) Canadian per share on the outstanding Common Shares. The dividend is payable on October 25, 2010, to holders of record at the close of business on September 24, 2010, and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act.

About Canadian Pacific:

Canadian Pacific, through the ingenuity of its employees located across Canada and in the United States, remains committed to being the safest, most fluid railway in North America. Our people are the key to delivering innovative transportation solutions to our customers and to ensuring the safe operation of our trains through the more than 1,100 communities where we operate. Our combined ingenuity makes Canadian Pacific a better place to work, rail a better way to ship, and North America a better place to live. Come and visit us at www.cpr.ca to see how we can put our ingenuity to work for you.

SOURCE Canadian Pacific