Canadian Railway, Canadian Pacific (CP) has raised their dividend for the first time since early 2008. The increase was from $0.2475 to $0.27 per share, representing a hike of 9%. The stock yields about 1.9% on todays closing price.
Another increase for our portfolio; that's two in one week! I really like CP as an investment long term as China reaches for Canadian resources.
5 comments:
Great for you. I don't own CP yet, but long-term, I'd like too. You keep this one (like other CDN dividend-payers?) unregistered?
BTW - you have an impressive portfolio list. Keep up the great work. I'll try and stop by again soon.
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thank you for this tip! I bought when it dipped and have been happy ever since!
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