Core Points - Capital Power Corporation declared a quarterly dividend of $0.6910 per share for the quarter ending September 30, 2025, representing a 6% increase from the previous dividend of $0.6519 [1] - The annualized dividend amounts to $2.764 per common share [1] - The dividends for the common shares and preference shares are 100% eligible dividends under the Income Tax Act, potentially providing enhanced dividend tax credits for Canadian residents [2] Dividend Details - Series 1 Preference Shares (CPX.PR.A) will receive a dividend of $0.1638125, payable on September 29, 2025 [2] - Series 3 Preference Shares (CPX.PR.C) will receive a dividend of $0.4287500, payable on September 29, 2025 [2] - Series 5 Preference Shares (CPX.PR.E) will receive a dividend of $0.4144375, payable on September 29, 2025 [2] Company Overview - Capital Power is a growth-oriented power producer with approximately 12 GW of power generation capacity across 32 facilities in North America [4] - The company focuses on delivering reliable and affordable power while building lower-carbon power systems [4] - Capital Power aims to create balanced solutions for the energy future under the motto "Powering Change by Changing Power" [4]
Capital Power announces a 6% dividend increase for its common shares and declares dividends for its Preference shares
Globenewswire·2025-07-29 20:30