Business Context and Reporting Period
Company: Canadian Pacific Railway Limited (CP)
Filing Type: Form 6-K (Report of Foreign Issuer)
Date: December 14, 2010
Business Overview: CP operates a North American transcontinental railroad providing freight transportation services, logistics solutions, and supply chain expertise. The company focuses on safety, service reliability, and operational efficiency.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. This document serves as a corporate announcement rather than a financial results report.
Material Changes
No material changes to financial performance or operations were disclosed in this specific filing. The primary update concerns a change in shareholder distributions.
Guidance, Outlook, and Management Commentary
Dividend Declaration: The Board of Directors declared a quarterly dividend of $0.27 Canadian per share on outstanding Common Shares.
- Record Date: December 31, 2010
- Payment Date: January 31, 2011
- Tax Status: Eligible dividend pursuant to subsection 89(14) of the Income Tax Act.
Strategic Outlook: Management continues to redefine the company as a modern 21st-century transportation company incorporating best-in-class technology and environmental practices.
Investor Verification Checklist
- Verify the dividend payment date of January 31, 2011, and the record date of December 31, 2010.
- Confirm the dividend amount of $0.27 CAD per share.
- Review the company's Form 20-F for comprehensive financial data, as this 6-K filing does not contain financial statements.
- Check for any subsequent announcements regarding the "Driving the Digital Railway" initiative mentioned in the company profile.