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Capital Power named a Top 25 dividend stock on valuation, profitability, and payout history. By Joel Kornblau, Editor, Dividend Channel, Thursday, August 20, 2026, 9:12 AM ET Capital Power Corp (CPX.CA) has been identified as a Top 25 dividend stock in the latest Canada Stock Channel DividendRank report, reflecting a combination of valuation, profitability, and dividend consistency. The ranking highlights CPX.CA as a dividend stock worth closer review, particularly for investors assessing the durability of cash distributions alongside underlying business fundamentals. The report said that, within its coverage universe, Capital Power Corp stood out for attractive valuation metrics and strong profitability measures. It also cited the company's quarterly dividend track record and favorable long-term growth trends in key fundamental indicators, factors that often carry added weight when evaluating income-oriented equities. Why CPX.CA ranked highly. The report stated, "Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research." That framework is notable because dividend analysis is strongest when yield is considered alongside business quality. A high payout alone can be misleading if it is unsupported by earnings, free cash flow, or balance-sheet capacity. By contrast, rankings that incorporate profitability and valuation seek to identify dividend stocks where income characteristics are paired with a more resilient operating profile. Capital Power's dividend history. Capital Power Corp currently pays an annualized dividend of $2.8192 per share in quarterly installments. Its most recent ex-dividend date was 09/29/2026. For dividend-focused analysis, the ex-dividend date helps establish eligibility for the next distribution, while the annualized payout provides a baseline for assessing yield and payout sustainability relative to earnings and cash generation. A long-term dividend history can be especially useful in evaluating the reliability of a company's shareholder returns. Consistency over time may indicate disciplined capital allocation, stable operating cash flow, and management confidence in forward cash-generation capacity. A rising dividend history can also signal that the business has expanded earnings power over multiple years, although the pace and sustainability of increases remain central to the investment case. What dividend investors typically look for. When a company appears in a dividend ranking such as this one, the key questions usually include: * Is the dividend well covered? Coverage is commonly assessed using earnings, free cash flow, and the payout ratio. * Is the business profitable and durable? Profitability metrics can help distinguish between temporarily elevated yield and a more sustainable distribution profile. * Is the stock attractively valued? Valuation matters because an income stock purchased at too rich a price can limit total return even if the dividend remains intact. * Has management demonstrated consistency? A credible pattern of maintaining or growing the dividend often supports confidence in future distributions. CPX.CA's inclusion in the Top 25 reflects the report's view that the company scores well across several of these dimensions rather than on yield alone. Why dividend history still matters. The chart below illustrates CPX.CA's long-term dividend history, a data series that the report emphasized as particularly important. Historical payout trends do not determine future results, but they can provide a useful record of how a company has managed through different operating and market conditions. For utility and power-sector companies in particular, dividend stability is often analyzed in the context of cash flow visibility, capital spending requirements, financing costs, and the balance between growth investment and shareholder distributions. Bottom line. Capital Power Corp's placement in the Top 25 of the latest DividendRank report underscores a dividend profile supported by more than yield alone. The ranking points to a combination of valuation appeal, profitability, and an established record of quarterly distributions. For investors reviewing Canadian dividend stocks, those attributes help explain why CPX.CA has moved into focus as a name meriting further fundamental analysis.

Capital Power appoints Kevin MacIntosh as Chief Financial Officer. EDMONTON, Alberta, Feb. 19, 2026 (GLOBE NEWSWIRE) - Capital Power Corporation (TSX: CPX) is pleased to announce the appointment of Kevin MacIntosh as Chief Financial Officer of the company, effective March 16, 2026. Mr. MacIntosh has over 30 years of experience as a finance leader working in large, complex organizations within the global energy industry and brings expertise across multi-jurisdictional operations, cross-border transactions, energy trading and diverse regulatory landscapes. He has a proven track record in strategic leadership and business optimization, leading high-performance teams across financial planning and analysis, external reporting, internal controls, and finance reporting system transformation. To ensure a smooth transition, Scott Manson, who has served as Interim CFO, will continue to support the onboarding process and assist Mr. MacIntosh until the end of April 2026. "As a seasoned and technology-minded financial leader, Kevin's depth of experience with publicly traded and private energy companies across North America - including Suncor Energy and Irving Oil - aligns with our growth strategy," said Avik Dey, President and CEO. "He will play a critical role in sustaining Capital Power's performance, bringing expertise across crucial functions including capital allocation, acquisition integration, cross-border reporting and controls, and optimization of enterprise business process. We're delighted to welcome Kevin to the team." "On behalf of the Board, the executive team and all of Capital Power, I thank Scott Manson for his strong leadership and expertise, including his service as Interim CFO," added Mr. Dey. "As a leader in North America's energy sector, Capital Power's ambitious growth strategy paired with its depth of operational expertise across key energy markets marks an exciting time in its history," said Kevin MacIntosh, incoming CFO. "I'm excited to work with Avik, the management team and the bright team of financial leaders at the company to drive Capital Power's strategy forward." Most recently, Mr. MacIntosh served as Vice President and Controller for Suncor Energy. In this role, he led the implementation of a next-generation intelligent ERP system and the company's geographic consolidation efforts, as well as served as the finance integration lead as Suncor Energy assumed operatorship of Syncrude Company Limited. Prior to this role, Mr. MacIntosh worked across finance functions in Suncor's downstream and upstream operations. He also held several leadership roles for Irving Oil that included leadership of the firm's supply and trading operations. He holds a Bachelor of Commerce from Dalhousie University and holds a CPA-CGA designation. About Capital Power Capital Power (TSX: CPX) is one of North America's leading independent power producers, with approximately 12 GW of generation capacity across 32 facilities. Our portfolio includes natural gas, renewables and battery energy storage solutions. We deliver power generation at utility-scale through a flexible and resilient fleet built to meet growing electricity demand. Backed by deep expertise and an investment-grade credit rating, we provide safe, reliable power communities can depend on. We are Powering Change by Changing Power(TM). | Media Relations: Katherine Perron (780) 392-5335 [email protected] | Investor Relations: Noreen Farrell (403) 461-5236 [email protected] |