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Canadian National Railway (CNI) Dividend Yield, Date & History

Canadian National Railway logo
$101.17 +0.55 (+0.55%)
(As of 12/20/2024 05:31 PM ET)

Canadian National Railway Dividend Summary

Dividend Yield
2.35%
Annual Dividend
$2.38
Next
Dividend Payment
Dec. 30
Annualized 3-Year
Dividend Growth
21.41%
Dividend Payout Ratio
38.14%

Canadian National Railway (CNI) pays an annual dividend of $2.38 per share, with a dividend yield of 2.35%. The next quarterly payment of $0.6108 per share is scheduled for Monday, December 30, to investors who owned the stock before the ex-dividend date of Monday, December 9. The company currently pays out 38.14% of its earnings and 32.09% of its cash flow as dividends.

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CNI Dividend Payments by Quarter

The chart below displays up to four years of Canadian National Railway's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CNI Dividend Yield Over Time

The chart below tracks Canadian National Railway's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Canadian National Railway vs. The Competition

Compare Canadian National Railway's annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeCanadian National RailwayTransportation CompaniesNYSE Companies
Annual Dividend$2.38$0.01$1.39
Dividend Yield2.35%4.46%3.61%
Annualized 3-Year Dividend Growth21.41%26.12%15.78%

Canadian National Railway Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings38.14%
Based on This Year's Estimate44.82%
Based on Next Year's Estimate39.93%
Based on Cashflow32.09%

Canadian National Railway Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/22/2024quarterly$0.6108-$0.0032
0.52%
2.2%12/9/202412/9/202412/30/2024
7/23/2024quarterly$0.6140-$0.0110
1.76%
2.1%9/6/20249/6/20249/27/2024
4/23/2024Quarterly$0.6250-$0.0130
2.04%
2.04%6/7/20246/7/20246/28/2024
1/23/2024Quarterly$0.6380+$0.0569
9.79%
2.08%3/6/20243/7/20243/28/2024
10/24/2023quarterly$0.5811-$0.0185
3.09%
2.2%12/6/202312/7/202312/28/2023
7/25/2023quarterly$0.5996+$0.0161
2.76%
2%9/7/20239/8/20239/29/2023
4/24/2023quarterly$0.5835-$0.0071
1.21%
1.9%6/8/20236/9/20236/30/2023
1/24/2023quarterly$0.5906+$0.0606
11.44%
1.8%3/9/20233/10/20233/31/2023

This table shows Canadian National Railway's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Canadian National Railway Dividend - Frequently Asked Questions

The current dividend yield for Canadian National Railway is 2.35%. Learn more on CNI's dividend yield history.

The annual dividend for CNI shares is $2.38. Learn more on CNI's annual dividend history.

Canadian National Railway pays quarterly dividends to shareholders.

Canadian National Railway's next quarterly dividend payment of $0.6108 per share will be made to shareholders on Monday, December 30, 2024.

Canadian National Railway's most recent quarterly dividend payment of $0.6140 per share was made to shareholders on Friday, September 27, 2024.

Canadian National Railway's most recent ex-dividend date was Monday, December 9, 2024.

Over the past three years, the company's dividend has grown by an average of 21.41% per year.

The most recent change in the company's dividend was a decrease of $0.0032 on Tuesday, October 22, 2024.

The dividend payout ratio for CNI is:
  • 38.14% based on the trailing year of earnings
  • 44.82% based on this year's estimates
  • 39.93% based on next year's estimates
  • 32.09% based on cash flow

Canadian National Railway's dividend yield of 2.37% is lower than the average Transportation company that issues a dividend. Canadian National Railway's dividend payout ratio of 38.14% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Canadian National Railway stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:CNI) was last updated on 12/22/2024 by MarketBeat.com Staff
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