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CP announces $0.38 dividend

The board of directors of Canadian Pacific Railway Limited declared a quarterly dividend of $0.50 Canadian (U.S. $0.38) per share payable Oct. 24 to shareholders of common stock.

   The board of directors of Canadian Pacific Railway Limited has declared a quarterly dividend of $0.50 Canadian (U.S. $0.38) per share of CP common stock.
   The dividend, payable Oct. 24 to shareholders of record at the close of business on Sept. 30, 2016, was in line with previous quarterly dividends, according to investor news service Seeking Alpha.