Thursday, March 8, 2012

CPX - <span class="simulate_din_font">Capital Power declares quarterly dividend on its cumulative rate reset preference shares (series 1)</span> (CAD 0.2875)

Company: Capital Power Corporation
Stock Name: CPX
Amount: CAD 0.2875
Announcement Date: 09/03/2012
Record Date: 19/03/2012

Dividend Detail:




EDMONTON, March 9, 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 March 31, 2012.



The dividend is payable on March 30, 2012 to shareholders of record at
the close of business on March 21, 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 3,300 megawatts of power
generation capacity at 16 facilities across North America. An
additional 487 megawatts of owned wind generation capacity is under
construction or in advanced development in British Columbia, Alberta,
and Ontario.








For further information:

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









No comments:

Post a Comment