OREANDA-NEWS. The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of thirty-five cents (USD 0.35) Canadian per share on the outstanding Common Shares.

The dividend is payable on January 26, 2015 to holders of record at the close of business on December 31, 2014, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.