Dividend Announcement - 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 dividend is payable on October 31, 2025, to shareholders of record at the close of business on September 29, 2025 [1] - The annualized dividend amounts to $2.764 per common share [1] Preference Shares Dividends - The Board of Directors declared dividends on Cumulative Rate Reset Preference Shares as follows: - Series 1 (CPX.PR.A): $0.1638125 per share, payable on September 29, 2025 [2] - Series 3 (CPX.PR.C): $0.4287500 per share, payable on September 29, 2025 [2] - Series 5 (CPX.PR.E): $0.4144375 per share, payable on September 29, 2025 [2] - All dividends for common and preference shares are 100% eligible dividends as defined by the Income Tax Act, potentially providing enhanced dividend tax credits for Canadian residents [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, building lower-carbon power systems, and creating balanced energy solutions for the future [4]
Capital Power announces a 6% dividend increase for its common shares and declares dividends for its Preference shares
GlobeNewswire News Room·2025-07-29 20:30