Canadian Pacific Kansas City Limited (TSE:CP) Plans Quarterly Dividend of $0.19

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) announced a quarterly dividend on Wednesday, January 29th,RTT News reports. Stockholders of record on Friday, March 28th will be paid a dividend of 0.19 per share on Monday, April 28th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.67%.

Canadian Pacific Kansas City Trading Down 0.3 %

Shares of CP traded down C$0.38 during trading hours on Wednesday, reaching C$113.64. 1,260,200 shares of the company traded hands, compared to its average volume of 1,338,828. The company’s fifty day moving average price is C$107.18 and its two-hundred day moving average price is C$109.85. The company has a market capitalization of C$106.04 billion, a price-to-earnings ratio of 30.47, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. Canadian Pacific Kansas City has a 12 month low of C$101.76 and a 12 month high of C$123.37.

Analyst Ratings Changes

Several equities research analysts recently commented on CP shares. Wolfe Research raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Desjardins dropped their target price on shares of Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. National Bankshares upped their target price on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. Stephens upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Finally, JPMorgan Chase & Co. upped their target price on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$124.23.

Insider Buying and Selling

In other Canadian Pacific Kansas City news, Senior Officer James Dominic Luther Clements sold 15,657 shares of the business’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of C$106.30, for a total transaction of C$1,664,359.45. Also, Senior Officer Keith E. Creel sold 51,727 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total transaction of C$5,426,615.01. Over the last 90 days, insiders have sold 70,284 shares of company stock worth $7,398,669. Insiders own 0.03% of the company’s stock.

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.