EDMONTON, Nov. 20, 2013 /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
December 31, 2013. The dividend is payable on January 31, 2014 to
shareholders of record at the close of business on December 31, 2013.
The Board of Directors also declared the following dividends on its
Cumulative Rate Reset Preference Shares:
|
Shares
|
|
TSX Stock Symbol
|
|
Dividend Per Share
|
|
Record Date
|
|
Payment Date
|
|
Series 1
|
|
CPX.PR.A
|
|
$0.2875
|
|
December 16, 2013
|
|
December 31, 2013
|
|
Series 3
|
|
CPX.PR.C
|
|
$0.2875
|
|
December 16, 2013
|
|
December 31, 2013
|
|
Series 5
|
|
CPX.PR.E
|
|
$0.28125
|
|
December 16, 2013
|
|
December 31, 2013
|
The dividends for the common shares and preference shares 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 2,500 megawatts of power
generation capacity at 13 facilities across North America and owns 371
megawatts of capacity through a power purchase agreement. An additional
595 megawatts of owned generation capacity is under construction or in
advanced development in Alberta and Ontario.
SOURCE Capital Power Corporation
Media inquiries: Michael Sheehan (780) 392-5222
Investor inquiries: Randy Mah (780) 392-5305 or (866) 896-4636 (toll-free)
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