Capital Power Raises Quarterly Common Dividend 2% and Declares Preference-Share Distributions

Overview

• Capital Power’s board declared a quarterly common dividend of $0.7048 per share, a 2% rise from the prior $0.6910 level.
• The company also approved dividends for its cumulative rate reset preference shares — Series 1, Series 3 and Series 5 — with specific per-share amounts for those holders.
• All declared dividends are 100% eligible under the Income Tax Act, which may give Canadian resident shareholders access to enhanced dividend tax credits and lower after-tax costs.
• Capital Power described the payouts as routine and consistent with its 2026 dividend-growth guidance, backed by roughly 12 GW of generation capacity across 35 facilities that include natural gas, renewables and battery storage.
• For investors the change means a modest boost to income and continued emphasis on steady cash returns; shareholders should note the company will set record and payment details ahead of distribution dates.