Canadian Pacific Kansas City Limited
CPIndustrials · Stock · quarterly payer
Forward Yield
0.73%
Annual Dividend
$0.68
Payout Ratio
20%
5-Yr Growth
3.2%
Ex-Date
Jun 26, 2026
Frequency
Quarterly
Summary
As of July 2026, Canadian Pacific Kansas City Limited (CP) yields 0.73% ($0.68 per share annually), with a blended fair-value estimate of $108.60 — +16% upside, so it screens as undervalued. Dividend safety grade: B (67/100). 1 years of dividend growth.
Is CP a good dividend stock?
Yes, with caveatsCanadian Pacific Kansas City Limited (CP) pays a quarterly dividend yielding 0.73% ($0.68/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (20%)
Risks
- Cut its dividend in 2022
Key Data
- Dividend Yield
- 0.73%
- Payout Ratio
- 20%
- Annual Dividend
- $0.68
- 5-Yr Avg Growth
- 3.2%
- Ex-Dividend Date
- Jun 26, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 1.22
- Market Cap
- $81.4B
- P/E Ratio
- 29.7
- 5-Yr Total Return
- 36%
- 52-Week Range
- $68.42 – $93.95
- Dividend Safety
- B · 67/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
CP Price — Last 12 Months
Daily close
Price Return
1 Year
+23%
3 Years
+18%
5 Years
+36%
52-Week Range
$68.42 – $93.95
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CP worth?
Undervaluedlow confidenceOur blended fair-value estimate for Canadian Pacific Kansas City Limited is $108.60 per share, versus a market price of $93.71. That implies 16% of upside — a margin of safety of about 14%.
Fair Value
$108.60
Current Price
$93.71
Upside
+16%
Margin of Safety
14%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 14.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.4% discount rate (CAPM), 14.5% stage-1 growth, 2.5% terminal growth, $3.16 EPS, $0.68 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CP Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 26, 2026 | — | $0.1890 | regular |
| Mar 27, 2026 | — | $0.1650 | regular |
| Sep 26, 2025 | — | $0.1640 | regular |
| Jun 27, 2025 | — | $0.1670 | regular |
| Mar 28, 2025 | — | $0.1330 | regular |
| Dec 27, 2024 | — | $0.1320 | regular |
| Sep 27, 2024 | — | $0.1410 | regular |
| Jun 28, 2024 | — | $0.1390 | regular |
| Mar 27, 2024 | — | $0.1400 | regular |
| Dec 28, 2023 | — | $0.1440 | regular |
| Sep 28, 2023 | — | $0.1410 | regular |
| Jun 29, 2023 | — | $0.1430 | regular |
| Mar 30, 2023 | — | $0.1400 | regular |
| Dec 29, 2022 | — | $0.1400 | regular |
Income Calculator
At $0.68 / yr per share
