Business Context and Reporting Period
This Form 6-K filing by Canadian Pacific Railway Limited (CP) was submitted on February 18, 2009. The report serves to disclose a corporate action regarding a quarterly dividend declaration to shareholders.
Key Financial Metrics
The filing does not provide specific financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics for the reporting period.
- Dividend Declaration: $0.2475 Canadian per share.
- Record Date: March 27, 2009.
- Payment Date: April 27, 2009.
- Dividend Type: Eligible dividend pursuant to subsection 89(14) of the Income Tax Act.
Material Changes
The filing does not contain comparative financial data or details on material changes in operations versus the prior comparable period. The primary change disclosed is the declaration of the quarterly dividend.
Guidance, Outlook, and Management Commentary
Management commentary focuses on operational strategy rather than financial guidance:
- Operational Focus: Commitment to being the safest and most fluid railway in North America.
- Workforce: Emphasis on employee ingenuity across Canada and the United States.
- Strategic Partnership: Canadian Pacific is the official rail freight services provider for the Vancouver 2010 Olympic and Paralympic Winter Games.
- Risks and Contingencies: No specific risks or contingencies are detailed in this filing.
Investor Verification Checklist
- Verify the dividend amount of $0.2475 CAD per share and the eligibility status under Canadian tax law.
- Confirm the record date (March 27, 2009) and payment date (April 27, 2009) for dividend entitlement.
- Review subsequent filings for financial performance data, as this 6-K contains only the dividend announcement.
- Monitor the impact of the Vancouver 2010 Olympic Games on freight volume and revenue in future reports.