Canadian Pacific Kansas City Limited (CP) to Issue Quarterly Dividend of $0.19 on April 28th

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) announced a quarterly dividend on Wednesday, January 29th,RTT News reports. Shareholders of record on Friday, March 28th will be given a dividend of 0.19 per share on Monday, April 28th. This represents a $0.76 annualized dividend and a yield of 0.66%.

Canadian Pacific Kansas City Price Performance

CP opened at C$115.62 on Friday. Canadian Pacific Kansas City has a 1 year low of C$101.76 and a 1 year high of C$123.37. The stock has a 50-day moving average price of C$107.39 and a 200-day moving average price of C$109.87. The firm has a market cap of C$107.89 billion, a PE ratio of 31.00, a P/E/G ratio of 2.32 and a beta of 0.79. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. increased their price target on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th. UBS Group lifted their target price on Canadian Pacific Kansas City from C$127.00 to C$129.00 in a report on Thursday. Desjardins upped their price target on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company a “buy” rating in a report on Thursday. Scotiabank reduced their price objective on Canadian Pacific Kansas City from C$130.00 to C$128.00 in a report on Thursday. Finally, Citigroup set a C$97.00 target price on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$124.07.

Insider Buying and Selling

In other news, Senior Officer James Dominic Luther Clements sold 15,657 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total value of C$1,664,359.45. Also, Senior Officer Keith E. Creel sold 51,727 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total value of C$5,426,615.01. In the last three months, insiders have sold 70,284 shares of company stock valued at $7,398,669. 0.03% of the stock is owned by company insiders.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.