Stock Name: CPX
Amount: CAD 0.315
Announcement Date: 13/03/2012
Record Date: 28/03/2012
Dividend Detail:
EDMONTON, March 13, 2012 /CNW/ - The Board of Directors for Capital
Power Corporation (TSX: CPX) (Capital Power) declared a dividend of
$0.315 per share on the outstanding common shares for the quarter
ending March 31, 2012.
The dividend is payable on April 30, 2012 to shareholders of record at
the close of business on March 30, 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.
Capital Power launched a Dividend Reinvestment Plan (the Plan) effective
January 1, 2012. Under the Plan, eligible shareholders have the option
to efficiently and cost-effectively accumulate additional shares in the
Company by reinvesting their quarterly cash dividends on the applicable
dividend payment date in new shares issued from treasury. Further
information about the Plan and how to enroll can be found on Capital
Power's website at www.capitalpower.com/DRIP.
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)
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