CP Rail sees second quarter profit fall despite higher revenue
The company announced its quarterly dividend would be 19 cents per share for the quarter, payable on Oct. 31.CP president and CEO Keith Creel says the results come after a challenging first quarter of the year.
“The strong demand environment for North American goods and commodities, coupled with our own unique growth initiatives and the promising upcoming Canadian grain crop, gives me confidence that we will continue to see momentum build into the back half of 2022 and beyond,” he said in a statement Thursday.
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