(Source: Canadian Pacific Railway press release, December 13, 2011)
CALGARY, Alberta — The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of thirty cents ($0.30) Canadian per share on the outstanding Common Shares. The dividend is payable on January 30, 2012, to holders of record at the close of business on December 30, 2011, and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act.