(Source: Canadian Pacific Railway press release, February 23, 2016)
CALGARY, Alberta — The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of thirty-five cents ($0.35) Canadian per share on the outstanding Common Shares. The dividend is payable on April 25, 2016 to holders of record at the close of business on March 24, 2016 and is an “eligible” dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.