May 01, 2020

Capital Power declares dividends for its Common and Preference shares


best new online casino – The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.48 per share on the outstanding common shares for the quarter ending June 30, 2020. The dividend is payable on July 31, 2020 to shareholders of record at the close of business on June 30, 2020.

The Board of Directors best new online casinoalso declared the following dividends on its Cumulative Rate Reset Preference Shares:

Shares TSX Stock Symbol Dividend Per Share Record Date Payment Date
Series 1 CPX.PR.A $0.19125 June 17, 2020 June 30, 2020
Series 3 CPX.PR.C $0.3408125 June 17, 2020 June 30, 2020
Series 5 CPX.PR.E $0.327375 June 17, 2020 June 30, 2020
Series 7 CPX.PR.G $0.375 June 17, 2020 June 30, 2020
Series 9 CPX.PR.I $0.359375 June 17, 2020 June 30, 2020
Series 11 CPX.PR.K $0.359375 June 17, 2020 June 30, 2020

 

The dividends for the common shares and preference shares are 100 per cent eligible dividends as defined by the Income Tax Act. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits that reduce the income tax otherwise payable on these dividends.

About Capital Power

Capital Power (TSX: CPX) New casino sitesis a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, owns, and operates power generation facilities using a variety of energy sources. Capital Power owns over 6,400 megawatts (MW) of power generation capacity at 28 facilities across North America. Approximately 630 MW of owned generation capacity is in advanced development in Alberta.