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Capital Power Declares Dividends for Its Common and Cumulative Rate Reset Preference Shares

ID: 1339922

(firmenpresse) - EDMONTON, ALBERTA -- (Marketwired) -- 02/25/15 -- The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.34 per share on the outstanding common shares for the quarter ending March 31, 2015. The dividend is payable on April 30, 2015 to shareholders of record at the close of business on March 31, 2015.

The Board of Directors also declared the following dividends on its Cumulative Rate Reset Preference Shares:

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 2,700 megawatts of power generation capacity at 15 facilities across North America and owns 371 megawatts of capacity through a power purchase agreement. An additional 490 megawatts of owned generation capacity is under construction in Alberta and Ontario.



Contacts:
Capital Power Corporation
Media inquiries:
Michael Sheehan
(780) 392-5222

Capital Power Corporation
Investor inquiries:
Randy Mah
(780) 392-5305 or (866) 896-4636 (toll-free)




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Bereitgestellt von Benutzer: Marketwired
Datum: 25.02.2015 - 12:54 Uhr
Sprache: Deutsch
News-ID 1339922
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EDMONTON, ALBERTA


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Utilities


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