Business Context and Reporting Period
This Form 6-K filing by Canadian Pacific Railway Limited (and Canadian Pacific Railway Company) covers the month of July 2007, with the report dated July 31, 2007. The registrant operates as a railway company providing freight services across Canada and the United States, serving over 900 communities.
Key Financial Metrics
The filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document is a corporate announcement rather than a financial statement.
- Dividend Declaration: A quarterly dividend of $0.225 Canadian per share on outstanding Common Shares.
- Record Date: September 28, 2007.
- Payment Date: October 29, 2007.
- Tax Status: The dividend is designated as an eligible dividend under subsection 89(14) of the Income Tax Act.
Material Changes
The filing does not disclose material changes to financial performance or operations compared to prior periods. The primary update is the declaration of the quarterly dividend.
Outlook, Commentary, and Risks
Management commentary emphasizes a commitment to safety and operational fluidity, citing employee ingenuity as a key driver. The company highlighted its role as the official rail freight services provider for the Vancouver 2010 Olympic and Paralympic Winter Games. No specific risks, contingencies, or unusual items were detailed in this announcement.
Investor Verification Checklist
- Verify the dividend payment date of October 29, 2007, and the record date of September 28, 2007.
- Confirm the dividend amount of $0.225 CAD per share against subsequent payment records.
- Review the company's Form 40-F for detailed financial statements, as this Form 6-K contains no financial data.
- Monitor operational updates regarding the Vancouver 2010 Olympic freight services contract.