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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Canadian Pacific Kansas City Ltd. (CP) pays a $0.95 annual dividend ($0.19 quarterly), yielding 0.75% at $91.60/share. Next ex-dividend date 2026-09-25. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.75%
Annual Dividend: $0.95 per share
Payout Ratio: 21.2%
Ex-Dividend Date: 2026-09-25
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 43
Canadian Pacific Kansas City Ltd. dividend sits at a 0.75% yield, backed by a rail network spanning Canada, the United States, and Mexico. CP pays quarterly, with a trailing annual rate of $0.9520 per share and a next ex-dividend date of September 25, 2026. The company's beta of 1.22 means the stock moves more than the broader market, which matters for income investors who also care about price stability. CP stock suits investors who prioritize dividend safety over yield size.
Canadian Pacific Kansas City Ltd. pays out 21.2% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to maintain the dividend even if freight volumes across the North American rail network soften. Canadian Pacific Kansas City Ltd. dividend safety is further supported by the fact that the payout has not been stretched thin, though a beta of 1.22 means earnings can swing with economic cycles, which is the most data-supported pressure point on the dividend.
Canadian Pacific Kansas City Ltd. dividend history shows a CAGR of -2.8% per year from 2009 to 2025. Per-share payments moved from $0.9900 at the start of the window to $0.6296 by 2025 (2026 is a partial year, Canadian Pacific Kansas City Ltd. dividend 2026 data is incomplete). The largest annual increase in the window was 28.7% in 2017, but the overall trend across the full period is negative, and the data also contains at least one year-over-year decline exceeding 5%. Growth is slow, and the long-run direction has been downward.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +3.1% | $0.57 (2022) | $0.63 (2025) |
| 5-Year | -24.9% | $2.64 (2020) | $0.63 (2025) |
| 10-Year | -6.4% | $1.22 (2015) | $0.63 (2025) |
CP stock fits dividend investors who want a low-risk payout rather than a high income stream. The yield is low (below 2%), currently at 0.75%, which is fractionally below its 5-year average of 0.77%. That gap is small, but it confirms the yield has not expanded meaningfully over time. The 21.2% payout ratio is the stock's clearest strength: the dividend is not under pressure from an overextended payout. What an investor gains here is a well-covered dividend from a company operating essential freight infrastructure across three countries. The trade-off is a negative long-run dividend CAGR of -2.8% and a yield that does little for income-focused portfolios.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-25 | $0.1941 |
| 2026-06-26 | $0.1889 |
| 2026-03-27 | $0.1643 |
| 2025-12-31 | $0.1663 |
| 2025-09-26 | $0.1635 |
| 2025-06-27 | $0.1668 |
| 2025-03-28 | $0.1330 |
| 2024-12-27 | $0.1319 |
| 2024-09-27 | $0.1407 |
| 2024-06-28 | $0.1388 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.5473 |
| 2025 | $0.6296 |
| 2024 | $0.5514 |
| 2023 | $0.5681 |
| 2022 | $0.5750 |
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