Business

Capital Power declares dividends for its Common and Cumulative Rate Reset Preference shares

EDMONTON , Nov. 20, 2013 /CNW/ - The Board of Directors for Capital Power Corporation (T...

articleCapital Power CorporationNovember 20, 20135/company/capital-power-corporation/news/capital-power-declares-dividends-for-its-common-and-cumulative-rate-reset-preference-shares
Capital Power declares dividends for its Common and Cumulative Rate Reset Preference shares

About this update from Capital Power Corporation

[{"type":"text","content":"\n\n\nEDMONTON, Nov. 20, 2013 /CNW/ - The Board of Directors for Capital Power\n Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.315\n per share on the outstanding common shares for the quarter ending\n December 31, 2013. The dividend is payable on January 31, 2014 to\n shareholders of record at the close of business on December 31, 2013.\n\n\nThe Board of Directors also declared the following dividends on its\n Cumulative Rate Reset Preference Shares:\n\n\n\n\n\nShares\n\n\n \n\n\nTSX Stock Symbol\n\n\n \n\n\nDividend Per Share\n\n\n \n\n\nRecord Date\n\n\n \n\n\nPayment Date\n\n\nSeries 1\n\n\n \n\n\nCPX.PR.A\n\n\n \n\n\n$0.2875\n\n\n \n\n\nDecember 16, 2013\n\n\n \n\n\nDecember 31, 2013\n\n\nSeries 3\n\n\n \n\n\nCPX.PR.C\n\n\n \n\n\n$0.2875\n\n\n \n\n\nDecember 16, 2013\n\n\n \n\n\nDecember 31, 2013\n\n\nSeries 5\n\n\n \n\n\nCPX.PR.E\n\n\n \n\n\n$0.28125\n\n\n \n\n\nDecember 16, 2013\n\n\n \n\n\nDecember 31, 2013\n\n\n\n\n\nThe dividends for the common shares and preference shares are 100 per\n cent eligible dividends as defined by the Income Tax Act. Under this\n legislation, individuals resident in Canada may be entitled to enhanced\n dividend tax credits that reduce the income tax otherwise payable on\n these dividends.\n\n\nAbout Capital Power\nCapital Power (TSX: CPX) is a growth-oriented North American power\n producer headquartered in Edmonton, Alberta. The company develops,\n acquires, operates and optimizes power generation from a variety of\n energy sources. Capital Power owns more than 2,500 megawatts of power\n generation capacity at 13 facilities across North America and owns 371\n megawatts of capacity through a power purchase agreement. An additional\n 595 megawatts of owned generation capacity is under construction or in\n advanced development in Alberta and Ontario.\n\n\n \n\n\nSOURCE Capital Power Corporation\n\n Media inquiries: Michael Sheehan (780) 392-5222 Investor inquiries: Randy Mah  (780) 392-5305 or (866) 896-4636 (toll-free) Copyright CNW Group 2013","length":3771,"tagName":"div"}]

More updates from Capital Power Corporation