When Is Cp Rail Splitting?

Canadian Pacific Railway Limited (CP) has announced a 5 for 1 stock split. The Ex-distribution Date is May 14, 2021. The Payable Date is May 13, 2021. The Record Date is May 5, 2021.

When did CP Rail stock split?

Split stocks of Canadian Pacific Railway Ltd (TSX:CP) started trading on Friday, May 14, after opening at a value of C$ 98.38 apiece against its previous close of C$ 487.27. CP Rail stock has surpassed its peers in terms of price performance in the past year.

What is record date for splitting?

The record date is when existing shareholders need to own the stock in order to be eligible to receive new shares created by a stock split. However, if you buy or sell shares between the record date and the effective date, the right to the new shares transfers.