TSX:CNRTransportation
How Investors May Respond To Canadian National Railway (TSX:CNR) Dividend Hike And Expanded Share Buybacks
In late January 2026, Canadian National Railway reported higher fourth-quarter and full-year 2025 sales and earnings, alongside a 3% dividend increase and approval of a new share repurchase program of up to 24,000,000 shares through February 2027.
By pairing modest revenue growth with ongoing share cancellations and a higher dividend, CN is reinforcing a capital-return approach that depends heavily on consistent cash generation from its rail network.
We’ll now examine how CN’s earnings...