Canadian Pacific Kansas City Limited (CP) To Go Ex-Dividend on December 27th

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) announced a quarterly dividend on Friday, December 27th,RTT News reports. Shareholders of record on Monday, January 27th will be given a dividend of 0.19 per share on Monday, January 27th. This represents a $0.76 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Friday, December 27th.

Canadian Pacific Kansas City Price Performance

Shares of TSE CP opened at C$105.63 on Wednesday. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. The company’s 50-day moving average price is C$107.22 and its 200 day moving average price is C$109.61. Canadian Pacific Kansas City has a 52 week low of C$101.76 and a 52 week high of C$123.37. The stock has a market cap of C$98.57 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 2.32 and a beta of 0.79.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CP. Sanford C. Bernstein cut their price objective on shares of Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research report on Wednesday, October 9th. Citigroup set a C$97.00 price target on Canadian Pacific Kansas City and gave the company a “buy” rating in a report on Wednesday, October 9th. ATB Capital raised their price objective on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their target price on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Finally, Susquehanna upgraded Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 24th. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$121.43.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of C$106.10, for a total transaction of C$307,694.64. Also, Senior Officer James Dominic Luther Clements sold 15,657 shares of the business’s stock in a transaction that occurred on 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. 0.03% of the stock is owned by 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.