Canadian Pacific Kansas City Ltd. (CP) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
CP Dividend Income Check
Safety
19.2% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 0.9% and trend is flat.
CP Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
CP Income Growth Story
Dividend per share and yield on cost over time (43 years of payments)
CP Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get CP's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Canadian Pacific Kansas City Ltd. distributes 19.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 28.7%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
CP has raised its dividend for 1 consecutive year, with a 3-year CAGR of 3.0% and 5-year CAGR of 3.6%.
Total Shareholder Returns
Beyond cash dividends, CP returns capital through share repurchases. The combined picture: 0.7% dividend yield, 3.6% buyback yield, 4.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.9% and is currently flat. The 5-year total return is 17.2%, with dividends contributing 3.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $35,729 today.
CP Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 26, 2026Latest | $0.1914 | ↑ +16.5% | 79.62% | Jul 27, 2026 |
| Mar 27, 2026 | $0.1643 | ↓ -1.2% | 84.48% | Apr 27, 2026 |
| Dec 31, 2025 | $0.1663 | ↑ +1.7% | 85.51% | Jan 26, 2026 |
| Sep 26, 2025 | $0.1635 | ↓ -2.0% | 80.97% | Oct 27, 2025 |
| Jun 27, 2025 | $0.1668 | ↑ +25.4% | 73.10% | Jul 28, 2025 |
| Mar 28, 2025 | $0.1330 | ↑ +0.8% | 78.42% | Apr 28, 2025 |
| Dec 27, 2024 | $0.1319 | ↓ -6.3% | 76.03% | Jan 27, 2025 |
| Sep 27, 2024 | $0.1407 | ↑ +1.4% | 65.91% | Oct 28, 2024 |
CP Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $77.2B | 0.7% | 19.2% | 1 | Sustainable | |
3rd | $69.4B | 2.2% | 46.8% | 30 | Sustainable |
| $152.5B | 2.1% | 45.3% | 19 | Sustainable | |
| $84.8B | 1.1% | 33.6% | 21 | Sustainable | |
| $67.4B | 1.8% | 42.3% | 0 | Sustainable | |
| $46.5B | 0.4% | 14.8% | 4 | Sustainable | |
| $6.3B | 1.4% | 26.9% | 15 | Sustainable | |
2nd | $2.8B | 3.5% | 39.0% | 15 | Sustainable |
1st | $89.2B | 6.0% | 96.9% | 16 | At Risk |
CP Annual Dividend History (1984–2026)
43 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.36 | — | 2 | — | — | — | 0.5% |
| 2025 | $0.63 | 14.2% | 4 | $4.51 | 14.0% | 7.16x | 0.9% |
| 2024 | $0.55 | -2.9% | 4 | $3.98 | 13.9% | 7.22x | 0.8% |
| 2023 | $0.57 | -1.4% | 4 | $4.21 | 13.5% | 7.41x | 0.8% |
| 2022 | $0.58 | -4.4% | 4 | $3.77 | 15.3% | 6.54x | 0.8% |
| 2021 | $0.60 | 14.0% | 4 | $4.18 | 14.4% | 6.94x | 0.9% |
| 2020 | $0.53 | 11.4% | 4 | $3.59 | 14.7% | 6.79x | 0.8% |
| 2019 | $0.47 | 24.8% | 4 | $3.50 | 13.6% | 7.38x | 0.7% |
| 2018 | $0.38 | 12.1% | 4 | $2.72 | 14.0% | 7.15x | 0.6% |
| 2017 | $0.34 | 20.7% | 4 | $3.29 | 10.3% | 9.70x | 0.5% |
Full Stock Analysis
Deep dive into CP consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
42+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CP — Frequently Asked Questions
Quick answers to the most common questions about buying CP stock.
How much dividend does CP pay per share?
Canadian Pacific Kansas City Ltd. (CP) pays a trailing 12-month dividend of $0.87 per share, with a current dividend yield of +0.7%. Payments are made Semi-Annual.
When is CP's next ex-dividend date?
CP's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CP typically pays dividends Semi-Annual.
Is CP's dividend safe?
CP's dividend safety is rated "Sustainable" based on an earnings payout ratio of +19.2% and FCF payout ratio of +28.7%. The 1-year growth streak provides moderate confidence.
How many years has CP increased its dividend?
CP has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +3.6%.
How often does CP pay dividends?
Canadian Pacific Kansas City Ltd. pays dividends Semi-Annual. The trailing 12-month total is $0.87 per share. Dividend data on this page covers 42+ years from 1984 to 2026.
How much would $10,000 invested in CP grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CP five years ago would be worth approximately $11,718 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CP's yield on cost for long-term holders?
CP's yield on cost — the current dividend divided by the original purchase price — is +0.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.7% market yield, thanks to consistent dividend growth.