Canadian Pacific Railway Limited ( CP ) will begin trading ex-dividend on December 27, 2018. A cash dividend payment of $0.489 per share is scheduled to be paid on January 28, 2019. Shareholders who purchased CP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -2.59% decrease from the prior dividend payment. At the current stock price of $168.41, the dividend yield is 1.16%.
The previous trading day's last sale of CP was $168.41, representing a -24.88% decrease from the 52 week high of $224.19 and a 1.23% increase over the 52 week low of $166.36.
CP is a part of the Transportation sector, which includes companies such as Union Pacific Corporation ( UNP ) and Canadian National Railway Company ( CNI ). CP's current earnings per share, an indicator of a company's profitability, is $12.92. Zacks Investment Research reports CP's forecasted earnings growth in 2018 as 22.62%, compared to an industry average of 21.6%.
Interested in gaining exposure to CP through an Exchange Traded Fund [ETF]?
The following ETF(s) have CP as a top-10 holding:
- FlexShares STOXX Global Broad Infrastructure Index Fund ( NFRA ).
The top-performing ETF of this group is NFRA with an decrease of -10.52% over the last 100 days. It also has the highest percent weighting of CP at 0.02%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.