logo
  Join        Login             Stock Quote

Capital Power declares quarterly dividend on its cumulative rate reset preference shares (series 1)

Tuesday, November 20, 2012 4:00 PM


EDMONTON, Nov. 20, 2012 /CNW/ - The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.2875 per share on its Cumulative Rate Reset Preference Shares (Series 1) (TSX: CPX.PR.A) for the quarter ending December 31, 2012.

The dividend is payable on December 31, 2012 to shareholders of record at the close of business on December 14, 2012.

The dividends 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) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources. Capital Power owns more than 3,400 megawatts of power generation capacity at 15 facilities across North America. An additional 345 megawatts of owned wind generation capacity is under construction or in advanced development in Alberta and Ontario.

SOURCE: Capital Power Corporation

Media inquiries: Michael Sheehan (780) 392-5222
Investor inquiries: Randy Mah (780) 392-5305 or (866) 896-4636 (toll-free)

(Source: CNW )
(Source: Quotemedia)

Advertisement
Advertisement



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.