By Connor Hart
Canadian Pacific Kansas City raised its dividend to 22.8 Canadian cents (16 cents) from C$0.19.
The higher payout, equal to C$0.912 a year, represents an annual yield of about 0.92% based on Tuesday's closing price of C$99.64.
The Canadian rail operator said the higher dividend will be paid July 28 to shareholders of record as of June 27.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
April 29, 2025 19:25 ET (23:25 GMT)
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