EDMONTON, Nov. 23, 2011 /CNW/ - The Board of Directors for Capital Power
Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.2875
per share on its Cumulative Rate Reset Preference Shares (Series 1)
(TSX: CPX.PR.A) for the quarter ending December 30, 2011.
The dividend is payable on December 30, 2011 to shareholders of record
at the close of business on December 15, 2011.
The dividends 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 (CPX:TSX) 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 3,300 megawatts of power
generation capacity at 16 facilities across North America. An
additional 487 megawatts of owned wind generation capacity is under
construction or in advanced development in British Columbia, Alberta,
SOURCE Capital Power Corporation
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Investor inquiries:Randy Mah (780) 392-5305