CALGARY – Canadian Pacific Kansas City Ltd. says it is increasing its dividend by 17.5 per cent.
The company says its board of directors declared a quarterly dividend of 26.8 cents per share, marking an increase from the previous dividend of 22.8 cents per share.
CPKC says the dividend is payable on July 27 to shareholders at the close of business on June 26.
Keith Creel, the CPKC CEO, says the increase is part of its commitment to returning cash to shareholders.
CPKC is scheduled to report its first-quarter results after markets close on Wednesday.
Canadian National Railway Co. is also expected to report its first-quarter results on Wednesday before markets open.
This report by The Canadian Press was first published April 28, 2026.
Companies in this story: (TSX:CNR, TSX:CP)