CANADIAN PACIFIC RAILWAY LIMITED DECLARES DIVIDEND

Dec 14, 2010, 15:24 ET from Canadian Pacific

CALGARY, Dec. 14 /PRNewswire-FirstCall/ - The Board of Directors of Canadian Pacific Railway Limited (TSX/NYSE: CP) today declared a quarterly dividend of twenty seven cents ($0.27) Canadian per share on the outstanding Common Shares. The dividend is payable on January 31, 2011, to holders of record at the close of business on December 31, 2010, and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act.

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SOURCE Canadian Pacific