Capital Power declares 2% dividend increase
Analysis based on 8 articles · First reported Jul 28, 2026 · Last updated Jul 28, 2026
The 2% dividend increase signals confidence in Capital Power's financial health and commitment to shareholder returns, likely supporting the stock price. The announcement is consistent with the company's 2026 dividend growth guidance and may attract income-focused investors.
On July 28, 2026, the Board of Directors of Capital Power declared a quarterly dividend of $0.7048 per common share for the quarter ending September 30, 2026, representing a 2% increase from the previous dividend of $0.6910 per share. The dividend is payable on October 30, 2026 to shareholders of record on September 29, 2026. Additionally, dividends were declared on its Cumulative Rate Reset Preference Shares (Series 1, 3, and 5). All dividends are 100% eligible dividends under the Income Tax Act, providing enhanced dividend tax credits for Canadian residents. Capital Power is a leading independent power producer with approximately 12 GW of generation capacity across 35 facilities in North America.
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