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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): Canadian Pacific Kansas City Limited (CP) pays a $0.95 annual dividend ($0.19 quarterly), yielding 0.86% at $87.36/share. Next ex-dividend date 2026-09-25. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.86%
Annual Dividend: $0.95 per share
Payout Ratio: 22.1%
Ex-Dividend Date: 2026-09-25
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 43
Canadian Pacific Kansas City Ltd. operates a transcontinental rail network linking Canada, the United States, and Mexico, and its dividend reflects a business built on freight volume across three countries. The Canadian Pacific Kansas City Ltd. dividend currently yields 0.78%, with a trailing annual rate of $0.9520 per share paid quarterly. The next ex-dividend date is September 25, 2026. With a beta of 1.22, CP stock carries above-average price volatility, making it a better fit for growth-oriented dividend investors than those seeking steady income.
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 sustain and grow the dividend even if freight volumes soften across CP's North American rail network. Canadian Pacific Kansas City Ltd. dividend safety is supported by that coverage cushion, though a beta of 1.22 means the stock itself can swing sharply, which adds price risk even when the payout appears well-covered.
Canadian Pacific Kansas City Ltd. dividend history shows a CAGR of 7.3% per year from 2011 to 2025. Per-share payments grew from $0.2344 to $0.6296 over that window (2026 data is partial and excluded from this calculation). The largest annual increase in the window was 29.9% in 2016, though the history also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +3.0% | $0.58 (2022) | $0.63 (2025) |
| 5-Year | +3.6% | $0.53 (2020) | $0.63 (2025) |
| 10-Year | +11.3% | $0.22 (2015) | $0.63 (2025) |
CP stock fits dividend investors who prioritize growth potential over immediate income. The yield is low (below 2%), currently at 0.78%, and that limits its appeal as a pure income holding. The 7.3% annualized dividend growth rate over 14 years is the more compelling number here. What an investor gets is a conservatively run payout with room to expand, backed by a freight rail network spanning three countries. The trade-off is a yield that barely registers for income-focused portfolios, and a price that moves more than the broader market.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-25 | $0.1895 |
| 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 | $0.5427 |
| 2025 | $0.6296 |
| 2024 | $0.5514 |
| 2023 | $0.5681 |
| 2022 | $0.5762 |
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